An insightful panel discussion moderated by GT Nexus Founder, Vice Chairman and Chief Strategy Officer Kurt Cavano was held on the topic ‘Technology, Innovation and Design in apparel supply chains,’ featuring Orient Design Chairman Gihan Nanayakkara, Knickerbox Co-founder Janie Schaffer, [TC]2 Chief Executive Officer Dr. Michael Fralix, MAS Holdings Chief Growth Officer Nathan Sivagananathan and Timex Group Chairman Ashraf Sattar. At the discussion, Cavano asked each of them to define innovation in their own words.
With Sri Lanka earning its position as the fashion and apparel hub of the South Asian region and standing strong in its commitment to sustainability, value and invention, the South Asian Apparel Leadership Forum (SAALF) played a pivotal role in deciding the future of the industry.
IBM announced its collaboration with Textured Jersey Lanka PLC, a manufacturer of weft knit fabrics in Sri Lanka, to provide advanced technology solutions to the company for scaling up their business operations for improved efficiency.
§ Following the collapse of Rana Plaza, Bangladesh, audits in Asia increased by 57% in Asia and 107% in Bangladesh
§ Apparel retailers are now going ‘phygital’ – the merging of physical attributes of retail with digital elements
§ Consumers are moving away from a celebrity society and towards a new found interest in science, culture, and education
§ Retail is now about conversations and no more about transactions and relationships
The volatile environment of the local and global economy has challenged industries to look into sustainable business ventures and a responsibility towards implementing lean strategies in any industry that extracts natural resources to manufacture their products. The apparel and fashion industry plays a key role in focusing on aspects as such.The Sri Lanka Design Festival (SLDF) founded by the Academy of Design in Sri Lanka became a platform for designers, suppliers and the giants
The much publicised talks to strike a free trade agreement (FTA) between the world's largest clothing and textile exporter, China, and upcoming niche outsourcer Sri Lanka, is sparking intense debate about its potential impact.
- Embassy in the US hosts top Sri Lankan business leaders visiting the United States
- By any standard in the world Sri Lanka can be proud of its apparel industry: Minister Sarath Amunugama
- Economic partnerships build the strongest pillar of diplomatic relations: Ambassador Wickramasuriya
- Sri Lanka has a great growth potential for the future: Michael Delaney
Page 6 of 64