JAAF Archives - Page 5 of 7 - Lanka Business News

September 12, 2022

● Apparel industry proves resilient in the face of adversity ● Total apparel exports in July 2022 ($ 522.14 million) – 22.4% increase YoY As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July. While this surplus reflects the continued decline in import […]

August 22, 2022

● JAAF pledges support to “Resilient Sri Lanka”, a new industry forum to strengthen Sri Lankan manufacturing ● The apparel industry to navigate supply chain disruptions through innovation and collaboration with the tech industry ● UK start up Kavida launches AI platform to build supply chain resilience across the manufacturing sector 22nd […]

August 18, 2022

● Finalized off-peak and daytime industrial electricity tariff rates are exponentially high and detrimental to the apparel industry ● Reassessing the newly revised tariff rates is essential for companies within the sector to plan and budget better 17th August 2022: With the Public Utilities Commission (PUCSL) granting permission to the Ceylon […]

August 15, 2022

● ETI and AAFA have extended their support to the apparel industry. ● JAAF welcomes this move as it complements and enhances worker welfare measures already taken by the industry. ● Demonstrates international brands commitment to Sri Lanka as a long term sustainable partner 14 August, 2022: As Sri Lanka […]

July 20, 2022

With the aim of supporting the local fashion industry further progress in improving their ESG performance in their supply chains and their operations, given the growing focus of stakeholders and consumers who expect an emphasis on sustainability and social responsibility from their fashion brands, PricewaterhouseCoopers (PwC), collaborated with the Export Development Board […]

July 8, 2022

· Apparel generated US$ 446 Mn in May 2022, as compared with US$ 344 Mn in May 2021 · Industry hopeful of achieving US$ 6 Bn target, as cumulative apparel earnings rise to US$ 2.2 Bn · Urges Government to channel greater support to SME apparel producers · Repeats demand […]

June 15, 2022

Industry body, JAAF encourages manufacturers to adopt special welfare schemes Cost of living allowances for employees effected by companies Dry rations and meals provided to employees and their families 13th June 2022: In an effort to reduce the burden of the ongoing economic crisis and help workers cope with the rising cost […]

May 30, 2022

Warns that brands may move to alternate production locations Bracing for 20% reduction in orders, export earnings to take a hit 27th May 2022: Amid rising apprehension of a global economic recession and resulting softening of international consumer demand, Sri Lanka’s Joint Apparel Association Forum (JAAF) reiterated its demand for systemic […]

May 9, 2022

Environmental, social, and governance (ESG) and sustainability continue to rise to the fore for all businesses, with a more dominant position required from certain sectors such as the apparel Industry. This growing focus on ESG comes from a variety of stakeholders that include retail fashion stores, buyers and buying offices who […]

April 7, 2022

Urges all parties to put differences aside and work together to resolve crisis In a recent statement, the apparel industry has urged all stakeholders to put aside differences and work together to resolve the current crisis, which has imposed severe hardships on people and hampered the economy. If the current macroeconomic […]

“There is opportunity in crisis” – JAAF Secretary General

JAAF welcomes technology intensive solutions to build resilience in supply chain disruptions

JAAF requests PUCSL to re-assess off-peak tariff rates

JAAF welcomes the Ethical Trading Initiative’s (ETI) and American Apparel and Footwear Association’s (AAFA) call to action in response to Sri Lanka’s economic meltdown

PwC, EDB and JAAF explores the role of ESG for Sri Lanka’s Apparel Industry

JAAF commends industry’s resilience as apparel export earnings rise 30% YoY in May

Apparel industry addresses impact of crisis on their workers

Protecting hard-earned reputation of SL apparel exports is priority: JAAF

PwC in collaboration with EDB and JAAF to host a webinar on ‘ESG Towards a Responsible Future in the Apparel Industry’

JAAF demands immediate solutions, end to Government’s procrastination