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Bangladesh earns 4 billions USD from July exports

Related Keywords: Bangladesh, EPB, export, garment, Knitwear, ready-made

Bangladesh's exports in the first month of the current 2019-20 fiscal year ending next June surged 8.55 percent to nearly 4 billion U.S. dollars, an official said Tuesday.

The Export Promotion Bureau (EPB) official told that export performance for July was 3.88 billion U.S. dollars.

Of the total earnings, he said the country's income from ready-made garment items, including knitwear and woven, stood at 3.31 billion U.S. dollars.

Unmade raised 5.62 million for on demand fashion

Related Keywords: Connect Ventures, cyclewear, fashion, Knitwear, sustainable fashion, Unmade

Unmade, a British fashion software company that limits waste by manufacturing on demand, has raised £4.75 million ($5.62 million) in its series A funding round.

The company, whose cofounders Ben Alun-Jones, Kirsty Emery and Hal Watts were listed on the Forbes 30 Under 30 list in 2016, offers an end-to-end digital solution for use in knitwear and print customization to place orders directly from customers to "hacked" machinery to create the item.

ZheJiangTex returns in May 2019

Related Keywords: attracting numerous of manufacturers in the countries, big production of hosiery, clothing manufacturing, designs to textile and fashion related products, global textile industry, Knitwear, many textile manufacturer clusters, newest technologies and most innovative products, ranging from raw materials, seamless clothing and textile, Textile and Apparel Machinery, tremendous business opportunities and fostering new ideas to drive digital transformation for the textile industry

Since the global economy has inevitably been affected by the US-China trade war, there is an increased demand for textile and apparel machinery in a number of Southeast Asian countries, including India, Bangladesh, Vietnam, Cambodia and Pakistan, etc. At the same time, the declining competitiveness of traditional products is widely recognized by the global textile industry, more intelligent equipment and machinery is needed to further expedite the digital transformation of manufacturing, thereby enhance productivity and improve product quality.

Calzedonia opens factory in Ethiopia

Related Keywords: clothing factory, hosiery and beachwear, Italian hosiery, Knitwear, pajamas and leggings, swimwear and underwear manufacturing retailer, textile-focused industrial park

In 2015, Ethiopia launched its five-year Growth and Transformation Plan, which highlights a path to boost the nation’s economy. As part of the strategy the government set the goal of developing 15 industrial parks, setting aside US$ 1 billion in order to meet the target.

Value added segment push textile export for Pakistan

Related Keywords: basic textile segment, cotton yarn, Knitwear, modest 4 percent increment to reach $292m, Pakistan Bureau of Statistics, Pakistan value-added segment, readymade garment, risen 10 percent to $1.13 billion from $1.03 billion, rose 12 percent, same period of last year, textile exports in the month of December 2017, to clock in at $840m

Pakistan’s value-added segment rose 12 percent to clock in at $840m, wherein textile exports in the month of December 2017 have risen 10 percent to $1.13 billion from $1.03 billion in same period of last year, while basic textile segment followed with a more modest 4 percent increment to reach $292m, according to Pakistan Bureau of Statistics (PBS).

Pakistan value added textile sector urge to clear TUF soon

Related Keywords: achieve compliance with international standards, allocated Rs42.5 billion, bedwear and readymade garments, improve the sectors technological configuration, key exports revenue spinners, Knitwear, mark-up support, Pakistan Ministry of Textile industry, remove critical imbalances, textile policy, value added textile sector, value chain

The Pakistan Ministry of textile industry had allocated Rs42.5 billion worth of mark-up support and other incentives in April 2010 to improve the sector’s technological configuration, remove critical imbalances in the value-chain and help it achieve compliance with international standards.
But for the past two year, billions of rupees in refund claims under technology up-gradation fund (TUF) has been stuck which the value-added textile sector urged the government to clear it soon.

Pak value added textile exports achieve growth with government support

Related Keywords: data showed the readymade garments sector, Exports of value-added product, Exports of towels fell, GSP Plus scheme, Knitwear, only bright spot, over corresponding month a year ago, Pakistan Bureau of Statistics, posted negative growth, showing an increase of twenty four percent, textile and clothing exports

Textile and clothing exports stood at $1.21bn in June, showing an increase of 24pc over the corresponding month a year ago. As per Pakistan Bureau of Statistics (PBS) reports on Thursday, these exports posted a paltry growth of 0.04 percent to $12.45 billion in 2016-17. Data showed the readymade garments sector was the only bright spot.

Its exports grew 6pc year-on-year to $2.31bn in 2016-17. Garment exports witnessed a growth of 6.13pc in terms of quantity. These exports also posted a growth of over 20pc in June.

Enterprise Mauritius leading delegation to Fashion SVP for the second time

Related Keywords: and jersey wear, comprising four large enterprises, delegation of local apparel manufacturers, denim, Enterprise Mauritius, Knitwear, latest collections of products including t-shirts, leading for the second time, nine SMEs, participate at Fashion SVP in London, shirts, showcase to UK buyers, Thirteen manufacturers

Enterprise Mauritius is leading for the second time a delegation of local apparel manufacturers to participate at Fashion SVP in London. Thirteen manufacturers comprising four large enterprises and nine SMEs will showcase to UK buyers the latest collections of products including t-shirts, shirts, knitwear, denim, and jersey wear.

Pakistan textile, clothing export decline during first 11 month of current FY

Related Keywords: cotton cloth and yarn, current fiscal year, data released by the Pakistan Bureau of Statistics, decline in export proceeds, during the July-May period, evident in rupee terms, Knitwear, Pakistan textile and clothing exports, silk and synthetic textile exports declined, witnessed decline

Pakistan’s textile and clothing exports witnessed decline during the July-May period of 2016-17, as per data released by the Pakistan Bureau of Statistics on Tuesday. The decline in export proceeds was evident in rupee terms. Overall export proceeds in July-May were down 3.13pc to $18.540bn.

During the first 11 months of the current fiscal year textile and clothing exports decline 1.98 percent year-on-year to $11.24 mainly due to lower proceeds from raw material and low value-added products, such as cotton yarn and fabrics.

Pakistan textile and clothing exports witness decline

Related Keywords: European Union under the GSP-Plus scheme, exports of readymade garments, fall in exports mainly driven by value added products, Knitwear, not boost exports, Pakistan Bureau of Statistics, Pakistan preferential access, Pakistan textile and clothing exports decline, Product wise show, textile policy, towels declined, year-on-year basis

Pakistan’s textile and clothing exports decline by 1.30 percent to $1.064 billion in January on a year-on-year basis, according to the Pakistan Bureau of Statistics (PBS). Product-wise details show that the exports of readymade garments dropped 3.60pc while those of knitwear declined 3.44pc and towels fell 1.36pcin January. The fall in exports was mainly driven by value-added products.

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