Emerald Clothing Steps into Acquiring Selected Hela Factories, Safeguarding Jobs and Sri Lanka’s Export Base

Emerald Clothing (Pvt) Ltd has stepped in to secure the  continuity of key operations previously run by Hela Clothing (Private) Limited, in a move aimed  at stabilizing exports and safeguarding employment. 

The intervention comes as Hela faces liquidity constraints. Emerald Clothing said it has  implemented an operational transition to ensure that manufacturing output and selected customer  deliveries continue without disruption. 

The company said several thousand jobs across multiple facilities are being supported through this  transition, alongside ongoing commitments to international apparel buyers. 

Key manufacturing facilities in Sri Lanka (Thihariya & Palapathwala), as well as design and  development functions in the United Kingdom, and the United States, will continue to operate under  Emerald Clothing’s management. 

“Our focus is execution and stability - keeping factories running, protecting livelihoods, and  ensuring customers see no disruption,” said Mohomed Salim Suhurdeen, representing the  investor group. “This is about maintaining confidence in Sri Lanka as a reliable sourcing  destination.” While the global economic situation poses challenges for the apparel export business,  Emerald is confident we can create long-term value from the assets and teams we acquire. 

Sri Lanka’s apparel industry, which accounts for a significant share of export earnings and  employment, has faced pressure from shifts in global demand and local financial constraints.  Industry participants have warned that disruptions to large manufacturers could have wider supply  chain implications. 

Emerald Clothing is part of a broader group with interests spanning manufacturing, retail, and brand  development. The company said it will prioritize operational discipline, delivery reliability, and  customer retention as it integrates the transitioned operations. 

No further details were disclosed. 

About Emerald Clothing (Pvt) Ltd 

Emerald Clothing (Pvt) Ltd is a modern apparel manufacturing company offering end-to-end  solutions from design to delivery. The company integrates quality, innovation, and ethical practices  to deliver sustainable and reliable products to global fashion brands. With a strong focus on  efficiency and long-term partnerships, Emerald Clothing continues to grow as a trusted partner in  the international apparel industry.