Archive | Pakistan

  • EU adds Sri Lanka to its duty-free GSP+ programme

    The European Union has reinstated Sri Lanka to its GSP+ programme, a special arrangement under the Generalized Scheme of Preferences aimed at encouraging sustainable development and good governance.

  • Burma best-performing major 2016 supplier: Cambodia, India, Philippines and Morocco do worst

    Burma showed the strongest growth among apparel suppliers to developed countries in 2016, as the total volume shipped worldwide fell for the first time in five years .

  • Provincial authorities challenge Pakistan’s federal government Karachi Textile City closedown decision

    Authorities in Pakistan’s Sindh province announced on  March 3 they would challenge their federal government’s decision to abort the Pakistan Textile City project.

  • KiK pays compensation for 2012 Karachi fire

    German retailer KiK paid $5.15 mn in compensation to dependants of workers killed or injured in the 2012 factory fire at Ali Enterprises in Karachi.

  • US 2016 apparel imports fall in spite of year-end spurt. Price falls accelerated

    US apparel imports (in square metres) grew 3.4% in December 2016 over December 2015, though falls in the previous six months a 2016 annual fall of 1.1%.

  • Vietnam pessimism won’t stand up to scrutiny

    Foreign media and Vietnamese businesses almost unanimous in complaining about effect on Vietnamese apparel industry of US abandoning TPP negotiations. But even the Vietnamese admit that its apparel industry exports grew 5.2% in 2016. This, they believe, compares with:

  • Are apparel prices really rising?

    Just about every apparel industry commentator on the planet is constantly going on about rising cost prices. But do any of them look at what buyers are paying?

  • US September imports continue growth trend

    US apparel imports in September, measured in square metres of apparel, grew 4.8%, bringing growth in the moving annual total (MAT)  to September to 6.1%. As in most Septembers, China’s share was around 50%.

  • First “currency war” theats as Chinese devaluation worries rest of world

    Threats of retaliation against China were mounting as a 1.9% devaluation announced on August 11 turned into a 4.4% fall by August 14.

  • Chinese apparel exports hit hard as Eurozone and Japanese apparel imports tumble

    The US dollar value of Chinese apparel exports continued to fall in June. But, with exports to the UK and US remaining healthy, the fall seems mostly the result of the collapsing euro and yen.

  • Pakistan Q1 textile trade falling faster than its apparel exports

    The US dollar value of Pakistan’s total apparel and textile exports fell in March (by 16.2%) over the previous year for the second successive month.

  • Pakistanis blame their government for “dwindling” world textile share as March exports fall 16%

    Pakistan’s March textile exports fell 16% year on year. 

  • US growth March 15

    US apparel imports return to normal growth in first quarter

    US apparel imports (measured in square metres of apparel) appeared to soar 20% in March over March 2014 after erratic movements earlier in the year.

  • Pakistanis claim further massive Chinese textile developments along Silk Route

    China’s President Xi Jinping has signed agreements with Pakistan on April 20 promising investment of $46bn (£30.7bn).

  • Pakistani trade association claims “$6 bn” annual loss through smuggling

    “The industry is incurring an annual loss of around $6 billion due to the presence of second-hand, smuggled textiles and clothing in the domestic market” said All Pakistan Textile Mills Association (APTMA) Chairman S M Tanveer on April 4.