Industry Analysis

Hela Apparel Holdings Partners with Reebok to Enhance Outerwear Offerings in UK and Europe

Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, has announced an exclusive long-term partnership with Authentic Brands Group to design, manufacture, and sell Reebok-branded outerwear across the UK and Europe. This collaboration marks a significant milestone in expanding the Hela Group’s offering to the fashion industry by fusing its design, manufacturing,

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Business

Sri Lanka’s Hela Apparel Raises Rs 1.5 Billion Through Rights Issue

Hela Apparel Holdings Plc, a leading apparel manufacturer in Sri Lanka, has successfully raised Rs 1.5 billion through a rights issue, according to a stock exchange filing. The company issued 319,514,110 ordinary voting shares, raising Rs 1,597,570,550 in total. The company previously announced in June that the funds from the rights issue would be allocated

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