Teejay Lanka PLC formerly known as Textured Jersey Lanka is a

knitted fabric Knitted fabric is a textile that results from knitting, the process of inter-looping of yarns or inter-meshing of loops. Its properties are distinct from woven fabric in that it is more flexible and can be more readily constructed into smaller ...

manufacturer in

Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, ...

and is one of the constituents of the

S&P Sri Lanka 20 Index The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange. The 20 companies th ...

of the

Colombo Stock Exchange The Colombo Stock Exchange (CSE) (; ) is the main stock exchange in Sri Lanka that utilizes an electronic trading platform. The CSE headquarters have been located at the World Trade Center (Colombo) Towers in Colombo since 1995, and it has regi ...

. The company is a supplier to the brands such as

Nike Nike often refers to: * Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment * Nike (mythology), a Greek goddess who personifies victory Nike may also refer to: People * Nike (name), a surname and feminine giv ...

, PVH,

L Brands Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was ...

Marks & Spencer Marks and Spencer plc (commonly abbreviated to M&S and colloquially known as Marks & Sparks or simply Marks) is a major British multinational retailer based in London, England, that specialises in selling clothing, beauty products, home produc ...

Decathlon The decathlon is a combined event in athletics consisting of 10 track and field events. The word "decathlon" was formed, in analogy to the word "pentathlon", from Greek δέκα (''déka'', meaning "ten") and ἄθλος (''áthlos'', or ἄ ...

Lidl Lidl ( ) is a trademark, used by two Germany, German international discount supermarket, discount retailer chain store, chains that operates over 12,600 stores. The ''LD Stiftung'' operates the stores in Germany and the ''Lidl Stiftung & Co. K ...

, and

Calzedonia Oniverse Holding S.p.A. (), known as Oniverse (formelly Calzedonia Group) is an Italian people, Italian fashion and retail company headquartered in Dossobuono, near Verona, Italy. Founded in 1986 by Sandro Veronesi (entrepreneur), Sandro Verone ...

History

In 2000, Textured Jersey Lanka was founded as a joint venture between Linea Clothing and Textured Jersey UK. In 2004, Pacific Textile Holdings acquired Textured Jersey UK's stake in the company. In 2007, shareholding changed with

Brandix Brandix Apparel Limited is an apparel manufacturer headquartered in Sri Lanka. The company has branches in the United States of America, United Kingdom, Australia, Singapore, Hong Kong, India, Bangladesh, Cambodia, Mauritius, and the Cayman Island ...

joining Pacific Textiles, and in 2011 the company was listed publicly. In 2016, the company was rebranded as Teejay Lanka. Sri Lankan business executive, Ajit Gunawardene was appointed as the chairman of the company in 2022.

Operations

The company carries out manufacturing operations in Sri Lanka as well as in India. During the pandemic Tejay Lanka moved to manufacture

personal protective equipment Personal protective equipment (PPE) is protective clothing, helmets, goggles, or other garments or equipment designed to protect the wearer's body from injury or infection. The hazards addressed by protective equipment include physical, elect ...

or PPE as a strategic decision.

Legal issues

On August 10, 2020, the Colombo Magistrate Court issued a

notice Notice is the legal concept describing a requirement that a party be aware of legal process affecting their rights, obligations or duties. There are several types of notice: public notice (or legal notice), actual notice, constructive notice. ...

on the company to appear before the court in connection to an alleged attempt to dump

hazardous waste Hazardous waste is waste that must be handled properly to avoid damaging human health or the environment. Waste can be hazardous because it is Toxicity, toxic, Chemical reaction, reacts violently with other chemicals, or is Corrosion, corrosive, ...

into the ocean through a contract.

Recognition

The company received the award of the best textile exporter in Sri Lanka at the Presidential Export Awards in 2019 and ranked amongst the 100 most respected companies in the country by the '' LMD'' magazine. In 2021, Teejay Lanka won the award for the best textile exporter at the Presidential Export Awards for the third consecutive year.

References

External links