Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka's Brandix signs Joint Venture agreement with Best Pacific of Hong Kong
Mon, Nov 20, 2017, 08:29 pm SL Time, ColomboPage News Desk, Sri Lanka.

Seeks to unlock growth opportunities in the fast-evolving Sportswear and Athleisure domains

Nov 20, Colombo: Sri Lanka's leading exporter Brandix has announced plans to launch a joint venture with the global synthetic materials manufacturer Best Pacific of Hong Kong to produce synthetic fabric and webbing in Sri Lanka with specific focus on warp knit synthetic fabric.

An agreement signed by the two companies in Colombo this week envisages the construction of a manufacturing facility in Pannala for the manufacture of synthetic fabric and webbing. The joint venture will be managed by Best Pacific, a leading one-stop solutions provider in the synthetic space.

Commenting on the proposed joint venture, Brandix CEO Mr Ashroff Omar said the joint venture will propel Brandix's drive towards delivering the most innovative and inspiring products to the consumer.

The Best Pacific Group has established long-term and close collaboration with customers of leading brands such as Marks & Spencer, Spanx, Triumph, Victoria's Secret, Wacoal, Aimer, Chantelle, Embry Form and Maniform. With its strong innovation and product development capabilities, the Group not only manufactures synthetic materials for these brands, but also jointly develops new materials and products in order to start new market trends for their products.

Sri Lanka's 'Exporter of the Year', Brandix is the pioneer of the concept of 'total solutions' in the local apparel industry and has been ranked the country's most valuable export brand in Brand Finance's ranking of Sri Lanka's leading brands in 2015, 2016 and 2017.

 

ColomboPage - Recent 10 Stories ::
Railway trade unions threaten to strike again, scheduled to meet the President today
-- [14 minutes ago]
Sri Lanka to sign agreement with Oman on avoidance of double taxation to enhance economic relations
-- [41 minutes ago]
Profiles of Sri Lankan banks stable despite operating environment headwinds - Fitch Ratings
-- [1 hour and 12 minutes ago]
HNB Group records PBT of Rs. 14.1 billion in 1H 2018
-- [1 hour and 50 minutes ago]
Record income from Cinnamon exports last year
Sri Lankan Premier promotes peace and reconciliation at annual feast of Madhu Church
Navy officer arrested for abduction of 11 youths given Rs. 500,000 from a Navy account
Sri Lanka to purchase refined petroleum products
Hatton-Colombo main road completely blocked due to earth slide
Sri Lanka's Commercial Bank continues growth in Q2 to post strong 6-month result

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.