After several years of losses, Hayleys MGT Knitting Mills PLC has recorded a Profit After Tax (PAT) of $ 164,225 in Q2 2013/14 compared to a loss of $ 414,324 (after IFRS adjustment) in the same period last year.
On 18 October Levi’s held its first ‘Levi’s Tops Vendor Summit’ in San Francisco, which was attended by Levi Strauss & Company suppliers from around the world.
Coats plc, the world’s leading industrial thread and consumer textile crafts business, has been named joint winner of the ‘Game changer through innovation’ category at the Sri Lanka Fashion and Apparel Awards 2013 held during the recent Sri Lanka Design Festival. The award was received for Coats’ innovative colour-matching service, Coats Colour Express.
Textured Jersey Lanka PLC (TJL) yesterday reported a 68% year-on-year bottom line growth for the quarter ended 30 September 2013 (2Q FY2013/14), continuing on its impressive performance.
The Sri Lanka Apparel Exporters Association held its Annual General Meeting at the Cinnamon Lakeside recently, followed by cocktails hosted by SLAEA Chairman Yohan Lawrence. Special invitees at the function included CBSL Governor Ajith Nivard Cabraal and BOI Chairman Dr. Lakshman Jayaweera
The high-street fashion label Aviraté will be joining Cinnamon Hotels & Resorts in hosting ‘French Touch 2013’ – a gala fashion event which will be held at Cinnamon Bey Beruwala on 21 November 2013.
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.
Page 6 of 65