Sri Lanka crisis: clothing and footwear, is it time to invest or take flight?
As Sri Lanka’s new parliament took control Friday in the capital city of Colombo, global investors have been scrambling to take stock of the island nation’s rapidly shifting landscape. @SourcingJournal reports that Sri Lanka's garment sector has largely been holding its ground through months of turmoil, even as manufacturers field a crush of calls from jittery investors and buyers. How long will it last with inflation above 50%? A social bombshell that could overwhelm fashion OEMs
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