In the first two months (July-August) of the current fiscal year 2023-24, products worth $9.37 billion have been exported with 9.12 percent growth comparing the same period last year. Overall merchandise exports have been on a positive trend so far in the current fiscal, mainly due to growth in readymade garments exports. In the first […]
Apparel exports on positive trend, 12.46% growth in July-August Read More »
Apparel and textile makers are facing shorter lead times and split order pressure due to changing buying patterns by most buyers. This change in buying behaviour also pushes them to maintain higher inventory, which increases the exporter’s overhead costs, according to industry insiders. They also say textile makers are facing challenges in opening new letters
Split orders and shorter lead time increase exporters’ overhead costs Read More »
The import of woven fabrics declined by 25.97 percent in the first seven months of this calendar year, compared to the same period last year, as garment makers have brought down their reliance on imported products because of an increase in local production. Another reason is that international clothing retailers and brands now demand a
Garment makers reducing reliance on imported fabrics Read More »
