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© Butenkow

Sri Lankan garment manufacturers are eyeing an export rebound, avoiding a substantive recession, with the west sourcing new brands.

Apparel volumes out of the South Asian island declined dramatically in the fourth quarter of 2022, as economic collapse in Europe and the US exposed Sri Lanka’s reliance on big name brands to keep the industry moving.

“Europe and the US have always had the largest market share, and our fortunes are absolutely tied to them,” Sean Van Dort, of the Sri Lanka ...

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