Fatty Kunda Enterprise - Gambia (Garments Importers)

Company Name: Fatty Kunda Enterprise
Address: 5 Njie's Street, Brikama Road, Banjul area
Country: Gambia
Tel: (+220)-4392095
Fax:
Email:
Web:
Contact Person:
Products: Used Clothing,
Other Information: An importer and dealer in used clothing bought from Europe.

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B. Tunkara and Brothers - Gambia (Garments Importers)

Company Name: B. Tunkara and Brothers
Address: Wh3, 72 Liberation Avenue, P.O. Box 454, Banjul
Country: Gambia
Tel: (+220)-4201666
Fax: (+220)- 4228574 / 4226300
Email: banta.tunkara@yahoo.com
Web:
Contact Person: Banta Tunkara
Products: Used Clothing,
Other Information: A merchant who is an import buyer of second-hand clothing, new baby diapers and ladies handbags.

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Garment makers urge Muhith to ease bill purchase conditions

Garment makers urged Finance Minister AMA Muhith on Friday to ease conditions for inland bill purchase (IBP) at a time when the country's largest state bank, Sonali Bank, is tainted with a loan scam.

IBP is essentially a credit facility that takes place when a bank gives guarantee to its client for purchase of goods and services from the local market.

Bangladesh Bank in a circular on July 11 reduced the power of purchasing IBP by the branches of banks as the banking regulator detected irregularities in disbursement of loans against opening of letters of credit.

The regulator found a significant rise in collecting funds through preparing accommodation bills against LCs, without any real business transaction.

The trend of bill purchase increased as those transactions were handled at branch level, with the principal branch kept in the dark.

So, the regulator asked the scheduled banks that the branches have to take permission from their principal branch before purchasing such accommodation bills.

But the leaders of Bangladesh Garment Manufacturers and Exporters Association and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and Bangladesh Textile Mills Association urged Muhith to withdraw the circular, as they are facing problems in garment exports.

The circular has been creating troubles in export businesses, said at the meeting with the minister at the latter's residence.

Source: http://www.bgmea.com.bd/home/pages/GarmentmakersurgeMuhithtoeasebillpurchaseconditions

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Bgmea concerned over strike at Ctg Customs

The apparel makers Sunday expressed concern over C&F agents’ strike at Chittagong Customs House that has hampered the activities of the country’s largest revenue -earning organisation.

C&F agents of the Chittagong Custom House have started a strike since Sunday morning to press home their six-point demand.

As a result, all export-import related activities have stopped at the Customs house, creating grave concern among the garment industries.

Terming the garment industry as a very sensitive sector, the BGMEA said the entrepreneurs of this sector are continuously fighting for their survival facing various problems.

Source: http://www.bgmea.com.bd/home/pages/BgmeaconcernedoverstrikeatCtgCustoms

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Lane Crawford will open first flagship store in Shanghai

Lane Crawford, Its president recently revealed, Lane Crawford will open the first flagship store of mainland China in Shanghai, it is expected to open in the second half of next year. This time Lane Crawford return back to Shanghai after withdrawal in the year 2006.

The flagship store will cover an area of about 16,700 square metres . It will be the company’s largest store . It is possible that Lane Crawford return back to the site--Shanghai Times Square. But insiders suspect that the Square could supply nearly 20,000 square meters as a whole.

Lane Crawford announced two senior appointment letters. The new executive director will act in early September. He is responsible for the procurement of goods, marketing, store planning and business planning. The deputy general manager will be on duty in early this month. He is responsible for promotion of retail e-commerce and comprehensive strategy, integrating retail and online sales channel in China.

It is said, the personnel adjustments aimed at strengthening and consolidating the business in China’s retail and in global e-commerce. It shows the company’s multi-channel and all-dimensional retail strategy.

 

Lane Crawford is expected to expand 35% of the retail space in the next three years. Relevant person in charge in Beijing area said, the new store in Beijing YinTai Centre will open during the year.

 

Source: http://english.ctei.gov.cn/innews/domestic/201208/t20120829_1380972.html

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Apparel Retail Sales Value - 16.8% m/m in Jun in Shanghai

According to Shanghai Apparel Association, apparel retail sales volume in Shanghai top 10 department stores was 0.878 million pieces(sets), decreasing 7.4% m/m(up 3.5%y/y) by 71,000 pieces (sets).In June, apparel products sales value was CNY366 million, decreasing 16.8% m/m (up 3.8% y/y) by CNY61.54million. Average price in June was CNY346.2/piece (set), down 10.2% m/m, up 0.2% y/y. 

In June 2012, the sales value of most clothing continued declining. Among them, men’s suit sales value decreased by 44.2% m/m; knitted underware retail sales value decreased by 34.6%; The sales value of leather clothing, children’s wear, men’s casual wear, men’s shirt, wool (cashmere) sweater and women’s apparel all decreased by higher than 10%.

Mens casual wear: Nautica won the top spot for the first time

Nautica won the top spot for the first time, It reported the sales value reached CNY2.007 million. Tommy Hilfiger fell to the second, It reported the sales value was CNY1.761 million, increased by 5.6% m/m . LACOSTE claimed the third with CNY1.052 million and increased by 5.0% m/m. JACK JONES was CNY0.925 million, decreased by 4.5% m/m and claimed the fourth this month . ESPRIT still claimed the fifth with CNY 0.855 million .

Top 10 Men’s casual wear brands in terms of retail sales value in Shanghai in Jun. 2012

Rank	Brands	Sales value (CNY10,000)	Unit value(CNY/piece)
1	Nautica	200.7	370
2	Tommy Hilfiger	176.1	1331
3	LACOSTE	105.2	925
4	JACK JONES	92.5	277
5	ESPRIT	85.5	334
6	BrooksBrothers	62.7	461
7	BEAN POLE	56.7	507
8	PAUL&SHARK	54.7	2300
9	selected	51.0	343
10	VERSACE	40.4	1898

Mens suit: Youngor won by low prices

Montblanc with CNY1.927 million claimed back to the top ranking and increased by 9.6% m/m. Zegna was CNY1.503 million ,decreased by 6.5%, from third last month raised to the second this month. Dunhill was CNY1.419 million decreased by 25.6% ,from the top ranking last month fell to the third. ARMANI.CO was CNY1.297 million ,decreased by 4.1% and claimed the fourth. HUGO BOSS was CNY1.247 million ,decreased by 22.2% and claimed the fifth.

Top 10 Men’s suit brands in terms of retail sales value in Shanghai in Jun.2012

Rank	Brands	Sales value（CNY10000）	Unit value （CNY/piece）
1	Montblanc	192.7	2890
2	Zegna	150.3	2879
3	Dunhill	141.9	2761
4	ARMANI.CO	129.7	2518
5	HUGO BOSS	124.7	1886
6	K&C	94.3	2289
7	Youngor	85.4	503
8	DAKS	78.9	2934
9	Aquascutum	73.9	1925
10	LAMPO	65.5	2184

Mens shirt: Conch got six successive championships

Conch kept top one for six times and reported the sales value reached CNY0.547 million, down 27.2% m/m. Youngor kept the second. It reported the sales value was CNY0.454 million in, up 5.1% m/m. Kaikai was CNY0.304 million ,down 29.5%,ranked the third. PLAYBOY ranked fourth with CNY0.274 million, up 33.7%m/m. GEORGAMANIYA ranked fifth with CNY0.247 million, up 13.8%m/m.

Top 10 Men’s shirt brands in terms of retail sales value in Shanghai in Jun.2012

Rank	Brands	Salesvalue (CNY10000)	Unit value （CNY/piece）
1	Conch	54.7	288
2	Youngor	45.4	422
3	Kaikai	30.4	297
4	PLAYBOY	27.4	220
5	GEORGIMANIYA	24.7	168
6	BrooksBrothers	15.5	898
7	HEILAN HOME	12.0	357
8	CHOYA	12.0	559
9	HUGO BOSS	9.6	2045
10	Picasso	6.4	383

Mens trousers: Lang Ken took the top spot

Lang Ken returned back to the top spot. It reported the sales value was CNY0.472 million , down 19.0% m/m. Meyer decreased by 22.7% m/m reached CNY0.466 million, dropped one ranking and ranked the second. Joeone ranked third with CNY0.364 million ,up 4.9%m/m. TianPai was CNY0.291 million, increased by 16.4% m/m, from the seventh last month rose to fourth. DiPai ranked fifth with CNY0.289million,up 46.7%m/m .

Top 10 men’s trousers brands in terms of retail sales value in Shanghai in Jun.2012

Rank	Brands	Sales value (CNY10000)	Unit value （CNY/piece）
1	Lang Ken	47.2	2608
2	Meyer	46.6	1494
3	Joeone	36.4	569
4	TianPai	29.1	217
5	DiPai	28.9	497
6	Tiger	28.0	362
7	Qianfu	25.8	322
8	Chuanhong	22.8	188
9	YiJianBang	11.7	328
10	FUDI	11.2	177

Childrens wear: NIKE entered the top three

PUFFY PUPPY took the top ranking by CNY0.757 million. Les enphants claimed second with CNY0.695 million, up 13.6% m/m . NIKE was CNY0.565 million ,entered the top three this month. adidas with CNY0.559 million ranked fourth, down 4.8% m/m. E-land claimed the fifth with CNY0.545 million, down 34.3% m/m .

Top 10 children’s wear brands in terms of retail sales value in Shanghai in Jun.2012

Rank	Brands	Sales value (CNY10000)	Unit value （CNY/piece）
1	PUFFY PUPPY	75.7	949
2	Les enphants	69.5	181
3	NIKE	56.5	282
4	adidas	55.9	290
5	E-land	54.5	441
6	PAW IN PAW	45.7	407
7	Soieplus	35.4	472
8	YEEHOO	35.2	177
9	ForU	30.4	1668
10	beanpole	24.2	950

 Source: http://english.ctei.gov.cn/innews/domestic/201208/t20120829_1380973.html

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