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Search Results for: Bangladesh

10 results out of 709 results found for 'Bangladesh'.

BANGLADESH MAKING INROADS INTO LINGERIE AS CHINA SHIFTS GEAR



LURED by a shifting global market and better margins, Bangladesh’s apparel producers are rushing into the lingerie space, predicting Chinese manufacturers will secure fewer export orders for these lines as their costs rise.

This new niche opportunity for the Bangladesh industry is fortuitous, as it dovetails with the country’s textiles and clothing makers’ core strategy of moving from their traditional low-cost growth pillars, such as t-shirts, shirts, trousers, jackets and sweaters.…

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OLIVER MIRZA, CEO DR OETKER INDIA, SAYS HIS COMPANY WILL MAINTAIN STRATEGY OF PROMOTING ENJOYABLE FOOD



High on the agenda of Dr Oetker India managing director and chief executive officer Oliver Mirza is making India a major production hub, not just for manufacturing packaged foods scoring sales in India’s growing markets, but also for exports.

In a wide-ranging interview with just-food on the sidelines of the India Food Forum, staged in Mumbai last month (January 17-19), Mirza said that by 2020, Dr Oetker India was targeting sales of Indian Rupees INR10 billion (USD155 million) of which its sub-brand FunFoods will account for INR5 billion (USD 77.50 million).…

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DBL GROUP LOOKS TO PLOUGH USD 1.2 BILLION INTO DEDICATED ECONOMIC ZONE



BANGLADESH textiles and apparels major the DBL Group is pressing ahead with a plan to build a dedicated industrial zone in Moulavibazar, within the north-east of the country, sinking as much as USD1.2 billion into the project by 2021.

This DBL Economic Zone, spanning more than 170 acres of land, will house 19 factories, mostly making textiles and clothing, the company has confirmed.…

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BANGLADESH APPAREL MAKERS FEEL THE PAIN AS GAS SHORTAGE BITES



BANGLADESH’S apparel makers have been facing one of the country’s worst bouts of gas shortages, which has disrupted production in 350 units in Dhaka and its vicinity, with no immediate let-up in sight.

With gas power plants supplying 70% of Bangladesh’s electricity, power cuts have halted production.…

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AFRICAN GOVERNMENTS WAKE UP TO POTENTIAL OF OUTSOURCED CLOTHING BUSINESS



Africa governments are waking up to the fact that the continent could be a ‘new frontier’ for clothing manufacturing sourcing, export associations and manufacturers at Destination Africa, a trade event in Cairo, Egypt, have told just-style.

They stressed that Africa has significant opportunities to divert manufacturing from Asia due to rising production costs, especially in China, and take advantage of the proximity to European markets.…

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AFRICAN CLOTHING MANUFACTURERS PROJECT GROWTH AS CHINA LOSES COMPETITIVE ADVANTAGE AS AN OUTSOURCER



African clothing exporting countries are banking on rising costs in China and changing consumption patterns worldwide to attract buyers to the continent to take advantage of lower production costs.

Major hurdles abound, but manufacturers are hopeful that clothing facilities built from scratch that abide by international best practices will help the continent’s apparel sector develop.…

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EGYPT PLOTS LEATHER EXPORT EXPANSION



THE EGYPT government and leather industry is planning to boost the country’s leather exports by 80%, to USD1 billion by 2020, through modernising the sector and developing dedicated manufacturing hubs. The Egyptian leather sector took a major hit in terms of lost sales and output during the political and economic instability following the 2011 revolution, and there has been no major investment for the past 15 years to upgrade facilities and improve output.…

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EGYPT EYES CONTINENT TEXTILE HUB STATUS



EGYPT is trying to develop its upstream textile capabilities to bolster exports and be part of an integrated African continent-wide supply chain, linking its cut-and-sew and quality cotton fibre base. While Egypt exported USD764 million worth of fabric and yarn in 2016 according to the country’s Textile Export Council (TEC), challenges abound regarding Egypt’s efforts to generate more value-added textiles.…

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MAURITIAN TEXTILE SECTOR AT CROSSROADS FACING FRESH CHALLENGES



THE MAURITIUS textile and clothing industry is facing tough times, with exports falling amidst unfavourable currency shifts. Clothing and textile exports by value to all destinations fell by 9% in 2016, according to the Mauritius Export Association (MEXA), which has noted such sales declines have been happening for the last five years in key export markets.…

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INTERNATIONAL REGULATORY UPDATE - ECHA WARNS OF MAJOR CHEMICAL TRADING RULE CHANGES FOLLOWING BREXIT



THE EUROPEAN Chemicals Agency (ECHA) has warned of the major impact on British and other European Union (EU) knitwear companies, especially brands with integrated upstream fabric and finishing units, should the UK quit the EU as planned, on March 29, 2019.…

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