Bangladesh Garment Manufacturers & Exporters Association : BGMEA

Dhaka (Dacca), DhakaBANGLADESHTel: 880 (2) 811 5597Fax: 880 (2) 811 3951E-mail: info@bgmea.comWebsite: www.bgmea.comCategory: Apparels, Readymade Garments, FashionProfile: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is the only recognized trade body that represents all the export oriented garment manufacturers and exporters of the country.The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is the officially recognized apex apparel export trade body of 4,490 apparel manufacturing units.The RMG sector...

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Small Apparel Brands On A Roll

Small brands that are mushrooming in small cities are now attracting the attention of private players. Brands such as Liverpool Retail India's Barcelona, Vir Retail's John Hill and Nahar Group's Cotton County that sell outfits at less than one-third the price of national brands are opening stores faster than the cautious national brands.These brands have a price range of Rs150 to 600 and work on low margins and fast stock turnover. Their marketing efforts are mostly localised and they woo new consumers into the organised sector through discounted...

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End to Chinese brand export subsidies

The Chinese government has agreed to end a range of subsidies that help boost sales of Chinese-branded merchandise around the world -- including apparel and textiles -- rather than face a fight with the United States at the World Trade Organisation (WTO).The office of US Trade Representative said the deal marks the end of "numerous subsidies we identified as prohibited under WTO rules." The agreement between Washington and Beijing brings to a close legal action begun by the United States at the WTO last December.In its case, the United States said...

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Textile Sector Faces Technological Obsolescence

Recent years have witnessed a drastic growth in the hosiery, and readymade garment production in the Indian textile sector. However, the textile sector is largely unorganised and dispersed.Due to this, the industry is suffering from technological obsolescence and sub-sectors need up-to-date machinery for production of fabric, yarn, and ready-made garments, according to fibre2fashion.India has taken several steps to boost the industrial growth in the textile sector. Initiatives such as Technology Upgradation Funds Scheme (TUFS), Scheme for Integrated...

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Clusters To Help UP Weavers To Compete Globally

The union ministry for textiles is all set to launch its cluster development scheme across five districts of Uttar Pradesh to impart training to weavers so that they can compete on international platform.The programme is expected to offer a boost to handloom weavers of the region. Six to eight clusters will be formed in each of the five districts, including Barabanki, Varanasi, Bijnore, Azamgarh and Amroha with each cluster comprising of 300 to 500 weavers.Designers from leading institutes such as National Institute of Design (NID) will impart...

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Dyeing Units Strike Gives Jitters To Exporters

The continuing strike by the dyeing unit owners in Tirupur is giving jitters to the clothing exporting sector in the south India based textile and garment hub. At a time when the order position of most of the garment exporters seems to be improving, this strike could put a spanner in the works and dampen their spirits.The dyeing units have struck work in support of their demand that the state and the central government share the cost of treating effluents discharged by these units. Dyeing process is a very important process within the value-chain...

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Yarn Shortage Affecting Textile Sector of Pakistan

ISLAMABAD — As the government has failed to resolve the yarn crisis, some 30 per cent work of the textile sector has been affected and majority of the textile units had close down due to the unavailability of the yarn from last few weeks, TheNation has learnt on FridayAccording to the sources, unavailability of yarn even at the higher prices is getting serious with the passage of every day and majority of the industries in Faisalabad and Jhang and other countries had left the working. If the current crises remain for next few weeks’ country would...

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India’s Textiles & Clothing Exports

India’s textiles and clothing exports stood at US$ 19.15 billion in 2006-2007 and improved to US$ 22.14 billion in 2007-2008. Textiles and clothing exports came down to US$ 20.94 billion in 2008-2009. However, in rupee terms the exports of textiles and clothing during 2008-2009 were of the order of Rs.96,309 crore as against Rs.89,121 crore in 2007-08, thus representing an appreciation of 8.07%. In absolute terms, the textiles and clothing exports as percentage of India’s total exports declined from 15.16% in 2006-2007 to 13.59% in 2007-2008 and...

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BGMEA, labour leaders form nine bodies to monitor RMG sector

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and labour leaders have jointly formed nine committees to monitor the situation in the apparel sector, specially in Dhaka, ahead of the Eid-ul-Azha festival. The BGMEA leaders and the labour leaders formed the committees at a meeting held at the BGMEA office in the city Saturday.BGMEA officials said the committees would act promptly to address any disturbance in the apparel sector in Dhaka.“The committees will closely monitor the labour situation and find out the ways to solve the...

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Macy’s posts slight sales decline as shoppers emerge

Macy’s Inc reported a 0.8 per cent dip in its October same-store sales, ahead of the retailer’s outlook and putting it on strong footing to meet or beat its second-half projections. Cincinnati-based Macy’s operates roughly 850 department stores.Analysts surveyed by Thomson Reuters expected the Cincinnati-based department store chain to report a same-store sales decline of 0.1 per cent. Macy’s total sales slipped by 1.3 per cent to 1.69 billion dollars from 1.71 billion dollars a year ago.For the fiscal third quarter, its same-store sales declined...

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