The imports of apparel by the United States from Vietnam increased by 14.02 percent year-on-year to US$ 1.514 billion during the first two months of 2014, according to the latest Major Shippers Report, released by the U.S. Department of Commerce. On the other hand, the US apparel imports from China, the main supplier, declined by 3.72 percent year-on-year to $4.684 billion during January-February 2014, the data showed. Bangladesh, the world’s second largest garment exporter, also saw its s

In the aftermath of latest record apparel earnings, Sri Lanka is now entertaining bigger apparel dreams.“Our internationally recognised apparel sector has shown strong performance, and has earned revenues of $ 4.3 billion in 2013. President Mahinda Rajapaksa now wants us to be among the world’s top 10 apparel export countries by 2020,”said Minister of Industry and Commerce Rishad Bathiudeen on 21 March. Minister Bathiudeen was addressing the inauguration event of the newly established Leather

Apparel export from Bangladesh to the United States said to have declined significantly for factory safety issues following the Rana Plaza collapse. Export from Bangladesh, the country ranked number three for apparel export to the US, dropped by more than 10%, research portal Just-Style reported. Though February is said to be historically the slowest month for apparel import in the US, “the decline from Bangladesh is perhaps most worrying.”Citing import data from US Office of Textiles and App

Garment manufacturing companies in Thailand are producing uniforms for ten football teams competing in the 2014 FIFA World Cup that is scheduled to begin on June 12 in Brazil, Thailand’s Department of International Trade Promotion (DTIP) has revealed, reports National News Bureau of Thailand. Sportswear giants Nike and Adidas have selected Thailand as one of their suppliers of team outfits for the World Cup, DITP director-general Nantawan Sakuntanaga said. Four Thai firms—Nice Group, Hong

Ministry of Industry and Trade statistics show last year’s Vietnamese garment and textile exports to the US realised US$8.6 billion, up 14.2% from the previous year. Especially, the US remains Vietnam’s largest export market for such items as footwear, handbags and suitcases with a total export turnover of US$3.46 billion, making up 33.6% of the sector’s total revenue. The US is a highly lucrative export market for Vietnam businesses, said President of Sourcing at Magic, Chris Griffin wh

Being aware that it is not easy to take advantage of the Generalised System of Preferences (GSP) mainly due to the certificates of origin of input materials, Vietnamese textile and garment enterprises are trying to take every available opportunity to increase their market shares. A report by the Ministry of Industry and Trade's Vietnam Economic News. To boost exports to the European Union (EU) market, Executive Director of Garment 10 Corporation Than Duc Viet said although the GSP offers many

There are a total of 1,826 textile and garment manufacturing units in Tunisia, which make up 32 percent of the total 5,701 industrial units in the country that employ 10 or more people, according to the recent statistics released by the Agency for the Promotion of Industry and Innovation. Among the textile and clothing manufacturing enterprises in the North African country, 1,527 are totally export-oriented units while the remaining 299 also cater to the domestic market, as per the data. T

Global cotton consumption growth will slow down by 1.4 percent in 2013-14 due to lower consumption by China, the largest apparel maker in the world. Cotton consumption growth will remain relatively firm in Asia this fiscal year, while its global consumption will increase a bit in 2014-15, according to the latest report of the Economist Intelligence Unit (EIU). The EIU forecasts are based on the assumption that China will abandon its current policy of stockpiling cotton in 2014-15, accordin

The ongoing agitation by textile workers over wage hike for the past three days in powerloom units in Pandesara has spread to Udhna and Bhatar industrial areas, severely affecting production in the country's biggest man-made fabric (MMF) hub in the city. At least one lakh powerloom machines have come to a grinding halt in Udhna and Bhatar. Some of the workers leading the agitation have started moving around in other industrial areas of the city to garner support for the agitation. Industry so

Bangladesh will be able to earn at least $5 billion in exports from leather, leather goods and footwear in the next decade if it can properly address health, environment and compliance issues in the sector, analysts said yesterday. “We have all the elements, such as cheap labour and raw materials to grab more orders,” Bazlul Haque Khondker, an economics professor at Dhaka University, said at a roundtable.. But the country lacks environment friendly tanneries to process leather, posing as t