Home / Knowledge / News / Apparel/Garments / Calzedonia Group opens garment unit in northern Sri Lanka
Calzedonia Group opens garment unit in northern Sri Lanka
04
Oct '13
Omega Line Ltd., a completely owned subsidiary of Italy’s Calzedonia Group, has opened a garment manufacturing unit in Sri Lanka’s northern town of Vavuniya, in response to the Sri Lankan Government’s call for support to the once conflict-affected northern part of the country.
 
The new garment unit, the seventh factory of Omega Line in Sri Lanka, has been set up with foreign investment of about US$ 150 million, Calzedonia group founder Sandro Veronesi said, according to Sri Lanka’s Department of Government Information.
 
At the inauguration of the new garment unit, Sri Lankan President Mahinda Rajapaksa said the Government’s focus was to rebuild the northern region and bring it at par with other areas of the country. 
 
He said the present economic growth rate of 22 percent in the northern region is much greater than the national average growth rate of 8 percent.
 
The new garment unit in Vavuniya will employ about 3,000 people, of which 350 have already been recruited.
 
The products manufactured at the new unit would be sold in over 11,000 outlets worldwide.
 
Calzedonia was founded in 1986 in Vallese di Oppeano with an aim to create a new way of selling hosiery and beachwear for women, men and children, through a franchising sales network.
 
Currently, the company’s store network is present in most of the European countries. 
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X