Sri Lanka’s manufacturing PMI 55.5 in Aug; signals activity expansion

Sri Lanka’s manufacturing PMI was 55.5 in August, indicating an expansion in manufacturing activities, but at a slower rate compared to the previous month.
All the sub-indices, except for employment, remained above the neutral threshold in the month.
The employment sub-index fell month on month in August and suppliers’ delivery time continued to lengthen.

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US’ Nike & Serena Williams Design Crew unveil bold new collection

Nike’s latest collection, designed by the Serena Williams Design Crew, highlights the potential of emerging designers from Los Angeles.
Featuring the Victory Tech sneaker and five apparel pieces, the collection fuses Serena’s modern style with LA’s dynamic edge.
Each piece combines fashion and sport, celebrating Serena’s love for tennis and fashion.

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UK’s Next Plc boosts full-year outlook as H1 sales & profit surge

Next Plc reported strong financial results for H1 2024, with group sales up 8 per cent to £2.95 billion (~$3.92 billion) and profit before tax rising 7.1 per cent to £452 million (~$601.16 million).
The online division grew 7 per cent, while retail fell 2.1 per cent.
Following a strong start in H2, the company raised its full-year outlook, projecting £995 million (~$1.32 billion) in profit.

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Navigating growth amidst challenges in global apparel industry

Eco-friendly trends, digitalisation and rising direct-to-consumer models are some of the factors driving the global apparel industry growth.
Asia-Pacific leads, while Southeast Asia and Africa are emerging as key manufacturing hubs for apparel.
However, challenges in the global apparel industry, such as sustainability demands and technological adaptation, remain pressing in 2024.

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US’ Vince Holding reports 6.8% sales growth in Q2 2024

Vince Holding Corp reported a 6.8 per cent increase in Q2 2024 net sales, reaching $74.2 million.
Growth was driven by a 29.6 per cent rise in wholesale sales, which helped offset an 18.1 per cent decline in direct-to-consumer performance.
Gross profit improved to 47.4 per cent of sales due to lower costs.
The company maintains a cautious but optimistic outlook for the rest of 2024.

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Not losing weight? 10 HIIT exercises to boost your metabolism

You must have come across a gazillion types of workout for weight loss, but have you tried HIIT exercises? Short for high-intensity interval training, these exercises are great for burning calories and losing weight. HIIT alternates between high-intensity exercises with short recovery periods, which is great for fat loss and endurance. When it comes to metabolism,

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Amazon sale on fitness equipment: Upgrade your home gym with up to 70% off on dumbbells, kettlebells and more

If you are a fitness enthusiast, chances are you may wish to have a dedicated space in your home for workout. Fill it with the most efficient home gym equipment, and you will be able to work on every muscle of your body in the convenience of your house. We have curated a list of

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