Search Results for: Bangladesh

A more sustainable fashion industry requires complete transparency and control over every aspect of production. That was the message at the third biennial Copenhagen Fashion Summit, held last Thursday (April 24) in the Danish capital. More than 1,100 participants convened at the Copenhagen Opera House, with 23 speakers focusing on consumer behaviour, recycling and CO2-emissions, all to guide the fashion industry down a more sustainable path.…

AS labour costs in China continue to rise, its apparel and textile industry is seeing orders being transferred to other outsourcing locations as foreign buyers seek lower cost manufacturers. This move could be especially damaging for smaller, low-end Chinese manufacturers, leaving China-based orders increasingly concentrated amongst larger companies, according to a report from the China Cotton Textile Association: “Small to medium manufacturers said their orders dropped sharply during the first quarter of the year while big manufacturers said they had enough orders to keep them busy,” it explained.…

The value of Bangladesh’s clothing exports to Japan are increasing and could hit USD1 billion in the next 12 months, because of capacity and product quality increases, a senior government official has told just-style. “Japanese buyers are increasingly showing interest to source our apparel items.…

MYANMAR’S booming construction industry is spurring rapid growth in the country’s paints and coatings sector, as a steadily increasing number of foreign firms attempt to stake out a share in a market that was, until relatively recently, decidedly lacklustre.

The Burmese  construction industry is currently valued at USD3 billion and is forecast to grow to USD4.2 billion by 2016, according to a February 2014 report by the financial advisory firm New Crossroads Asia.…

MYANMAR’S booming construction industry is spurring rapid growth in the country’s paints and coatings sector, as a steadily increasing number of foreign firms attempt to stake out a share in a market that was, until relatively recently, decidedly lacklustre.

The Burmese  construction industry is currently valued at USD3 billion and is forecast to grow to USD4.2 billion by 2016, according to a February 2014 report by the financial advisory firm New Crossroads Asia.…

A GLANCE at Hong Kong’s official trade data gives the impression that all is rosy for the Chinese special administrative region’s (SAR) knitwear manufacturers. In 2013, Hong Kong exported knitted and crocheted fabrics worth USD2.5 billion, up 4.1% year-on-year, easily outpacing the 1.6% growth posted by the city’s overall textile exports valued at USD10.7 billion, according to figures from the Hong Kong Trade Development Council (HKTDC).…

BANGLADESH’S readymade industry expects a 10-15% growth in exports for the current fiscal year ending June, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) acting president Mohammad Hatem has told just-style.

The first eight months of the fiscal year fetched a “morale- boosting” 16.68% rise to USD16.13 billion compared to last year’s USD13.83 billion.…

BANGLADESH’S apparel and textile exports are growing despite the recent political unrest and workplace safety concerns among global buyers, claim the country’s exporters.

Mohammed Abdul Jabbar, managing director at DBL Group, said brands such as Hennes & Mauritz (H&M) and Walmart kept buying: “Orders are just fine…We’re sure to record 11% export growth in 2014,” Mr Jabbar told just-style.…

DANISH dairy giant Arla Foods has merged its Bangladesh interests with Bangladeshi distributor Mutual Foods in a joint venture to accelerate already strong sales growth of powdered milk in a national liquid and powdered milk market estimated at USD700 million.

“We will plough USD40 million into the joint venture over the next three

years with an ambition to become the leader in this market,” Sanayet Kabir

Khan, chief financial officer of newly formed Arla Foods Bangladesh, told just-food.…

EVIDENCE is growing that Turkey’s knitting manufacturing industry is outsourcing an increasing volume of its production to contract knitters within Turkey, as it seeks to tackle a number of challenges faced by the sector.

Nesim Bensusan, president of Bensu AS, a knitwear manufacturer in Istanbul, told WTiN that in 2013 it reduced the number of its knitting machines from 40 to 20.…