Sri lankan apparel industry shows resilience

Last Update 2025-06-23 22:28:00

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Sri lankan apparel industry shows resilience

Sri lankan apparel industry shows resilience

ToL Exclusive

The global apparel industry saw an extremely fast recovery post-COVID pandemic and in 2020 it went into kind of a clear drop in the market. In 2021 and 2022 saw a very sharp recovery in the Western market, particularly in the US and there were a lot of subsidies that were offered to consumers.

Brandix Group Managing Director Hasitha Premaratne explain the current situation of the industry and its way forward.