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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Tourism

Sri Lanka Sees Over 100,000 Tourist Arrivals in September

Tourist arrivals in Sri Lanka crossed the 100,000 mark within the first 26 days of September, according to provisional data from the Sri Lanka Tourism Development Authority (SLTDA). By September 25, the total number of international visitors stood at 99,955, with the milestone being reached last Thursday. The daily average of arrivals for September was

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Tourism

Sri Lanka Sees Significant Boost in Tourist Arrivals in July

After a disappointing June, tourist arrivals in Sri Lanka surged in July, with the country welcoming 187,810 foreign visitors. This marks a 31.3 percent increase from a year ago, partly driven by the Dawoodi Bohra International Convention held in Colombo from July 7 to 19, which attracted approximately 15,000 foreign visitors. July’s tourist numbers represent

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Tourism

Sri Lanka Welcomes Over 85,000 Tourists in Early July, Nearing 1.1 Million YTD Arrivals

Sri Lanka has seen a significant boost in tourist arrivals, welcoming over 85,000 visitors in the first 14 days of July, bringing the total for 2024 close to 1.1 million. This surge is largely due to the Dawoodi Bohra International Convention held in Colombo, which concluded recently. From July 1 to 14, a total of

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Tourism

Sri Lanka Tourism Rebounds with 1.08 Million Tourist Arrivals

Sri Lanka is aiming for over 2.5 million tourist arrivals in 2024, marking a significant recovery as it surpassed 1,077,251 arrivals by July 11th. The country welcomed 67,002 tourists in the first 11 days of July alone. From January to June 2024, tourist arrivals surged to 1,010,249, up 61.7% from 624,874 in the same period

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