Archive for July, 2007
China : 1st Garment Industrial Park to open in Henan
July 30, 2007
Fibre2fashion.com, India
The official stone-laying ceremony of the first Garment Industrial Park in Zhengzhou city, Henan Province, was held on July 26. The park covers an area of around 400 Mu and has attracted an investment of 950 million yuan.
In accordance with the ‘11th Five-Year’ plan of Henan Province, this Garment Industrial Park is classified as one of the major bases
The base, a unified six-storey factory with technologically upgraded machineries, will seamlessly integrate costume design, production processing, display and sales.
The estimated yearly capacity of the park would be 70 million pieces of garment with an annual output value of 1.5 billion yuan. It will directly provide jobs for 15,000 people.
Fibre2fashion News Desk - China
July 31st, 2007
India : Gala garment fair begins today
July 28, 2007
Fibre2fashion.com, India
A three-day garment fair, organized in Ahmedabad by the Gujarat Garment Manufacturers’ Association (GGMA), was inaugurated today by Chief Minister Narendra Modi.
Around 150 garment manufacturers have participated in the fair which is in its 14th year of inception. However, compared to previous years, this year’s event is bigger both in terms of size and participants. The crowd-puller this year is a fashion show where manufacturers would be able to present their products.
Using the fair as a platform, GGMA members hope to revive their oft-repeated demand of setting up an apparel park by converting defunct Ahmedabad’s textile mills into an apparel zone.
According to GGMA, this would pull more buyers to a single location rather than companies scouting different areas for the same purpose.
Sources said that when GGMA reiterated their demand four months back, the Government asked them to choose a location where about 500 units could be housed in one area.
Meanwhile, PEE GEE Fabrics Pvt Ltd has reportedly made moves to set up an apparel park in GIDC notified area of Ahmedabad.
Further, it is also learnt that a total of 53 garment and textile companies have applied and this apparel park may attract a total investment of Rs 230 crores.
Closed Abica Mills land has also been converted into an apparel park and about 40 companies are likely to move in as SEZ policy has recently been cleared after the usual hiccups.
Fibre2fashion News Desk - India
July 30th, 2007
Charming Vietnam to show off the nation’s signature garment
Thanh Nien Daily, Vietnam
In an interview to Thanh Nien, veterans Vo Viet Chung and Si Hoang and talented youngster Thuan Viet also spoke about their innovative new collections – in terms of new shapes and materials.
Phuong Saigon, Chung’s collection, inspired by the famous film Nguoi My tram lang (The Quiet American), uses homemade silks with designs and colors typical of the 1940s-50s.
Chung said his clothes combined classic and modern styles.
Si Hoang, hoping to make the ao dai more acceptable outside its homeland, has modeled them after jeans, T-Shirts, and chemises.
Themed Suc song moi (New vitality), Hoang’s collection seeks to make the point that, whatever it is worn with, the ao dai can adapt but still remain distinct.
Viet said his Hoa thuy tinh (Glass Flower) collection was inspired by afternoon rains and dews. His silk-and-lace dresses are decorated with crystals, pearls, and hand-made embroidery.
Charming Vietnam (Duyen dang Viet Nam), begun in 1994, aims to raise funds for the Nguyen Thai Binh Scholarship Fund for economically disadvantaged students.
Its 18th edition will be held in Singapore’s Esplanade Concert Hall on Aug. 18-19.
July 27th, 2007
Garment bag with PP webbing handles
Global Sources, Singapore
China (mainland) – Yiwu Zhonghang Packing Co. Ltd has launched a garment bag that comes in 80gsm nonwoven PP.
The product is fitted with PP webbing handles. It is 100cm long and 60cm wide. The standard color is black.
Sizes and colors can be customized on request.
The bag is marketed under the Zhong Hang brand.
One piece is packed in a polybag. An export carton contains 100 bags.
FOB Ningbo price is $0.75, with a minimum order of 5,000 pieces. Delivery takes seven to 25 days after receipt of an L/C or TT.
Yiwu Zhonghang was established in 1995. The company also manufactures woven PE, nonwoven PP and paper bags. OEM orders are accepted.
Products are exported mainly to the US, Europe, the Middle East and Southeast Asia.
Yiwu Zhonghang Packing Co. Ltd
Fax : (86) 579-5261961
Phone : (86) 579-5261988
URL : www.ywzhonghang.com
Contact Person : Henry He
Note: All price quotes in this report are in US dollars unless otherwise specified. FOB prices were provided by the companies interviewed only as reference prices at the time of interview and may have changed.
Disclaimer: All product images are provided by the companies interviewed and are for reference purposes only. Those product images featuring products with trademarks, brand names or logos are not intended for sale. We, our affiliates, and our affiliates’ respective directors, officers, employees, representatives, agents or contractors, do not accept and will not have any responsibility or liability for product images (or any part thereof) which infringe on any intellectual property or other rights of a third party.
July 26th, 2007
Value-For-Money Report Presents Global and Indian Kids Garment Market Overview
Business Wire (press release), CA
DUBLIN, Ireland–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/reports/c63555) has announced the addition of “Indian Kids Wear†to their offering.
SCOPE OF THE REPORT
In this innovative and value-for-money report, it presents global and Indian kids garment market overview.
An assessment unbiased and frank of growth expectations.
An assessment of market size and growth drivers in kids wear market along with industry trends and market segmentations.
It analyses the growth drivers for kids wear market along with SWOT analysis for the sector.
It presents Critical Success factors with reference to brand building, pricing etc.
The report profiles 7 major players in kids wear industry.
Most importantly it presents the relative comparison of major brands in kids segment along with a future outlook for the sector.
COMPANIES COVERED IN THE REPORT
In this report 7 major kids wear manufacturing companies have been profiled with information on operational performance and financial performance, Key strategies, outlook in the light of increasing trend in investments in the domestic industry. The companies covered are:
DS Corporation
Gini and Jony Ltd
Lillput Kidswear Ltd
Personality Ltd
Polki Garments Ltd
Raymond Apparel Ltd
Trent Ltd
FOR WHOM
Textile Manufacturers
Investors
Banks & financial institutes
Apparel Retailers
Consultants & Industry Analysts
Investment Bankers, Commercial Bankers
Academic Institutes, Students
Contents:
1. Executive summary
2. Highlights
3. Introduction
4. Global kidswear market
5. Indian kids garment market
6. Growth drivers
7. SWOT analysis
8. Critical success factors
9. Major players
10. Relative comparison of major brands in kids segment
11. Outlook
Annexure I: List of Abbreviations
Annexure II: Bibliography
LIST OF TABLES
LIST OF FIGURES
For more information visit http://www.researchandmarkets.com/reports/c63555.
July 25th, 2007
Defunct garment firm told to pay its 8 TWA workers
Saipan Tribune, Micronesia
By Ferdie de la Torre
Reporter
The Department of Labor has ordered defunct garment manufacturer Grace International Inc. to pay the remaining wages of eight of its workers who have temporary work authorization permits.
Labor administrative hearing officer Herbert D. Soll said the eight workers-Qing Wei Miao, Li Yonghua, Wu Jiaoqing, Li Julin, Wu Zhangxia, Zhu Yinchuan, Gu Lianhua, and Zhang Liping-were hired on temporary work authorizations in the closing weeks of Grace International’s operations.
Soll said the eight workers are complainants in another case and their transfer rights will be determined in that case.
The hearing officer asked Grace International to be ready to provide repatriation tickets for any of the employees if required.
Soll said the parties in the case agreed that the workers should be paid up to April 25, 2005, unless their expiration came sooner.
During the July 6, 2007, Labor hearing, Grace International resident manager Ramon Crisostimo explained that the company records are now secured in federal litigation and he does not have access to the records of the eight former employees.
Soll said Labor’s Enforcement Section should determine which TWA, if any, of the eight employees expired before April 25, 2007.
The hearing officer said a list with the names of all eight workers with the TWA expiration date should be given to Crisostimo.
Soll said Crisostimo agreed that the company will pay the amount owed the workers.
Earlier, Labor also allowed eight alien employees of Grace International who have not been repatriated or transferred to seek new employers within 45 days.
Grace International Inc. shut down its garment factory in Susupe last April. Labor investigators did not find any Labor law violations committed by Grace International management in closing down the factory.
Grace International said the dramatic decline in garment manufacturing business and orders made it impossible for the company to continue its operations.
July 24th, 2007
Bank consortium offers new loans to garment factory
Thai News Agency MCOT, Thailand
BANGKOK, July 21 (TNA) - Several banks which had earlier provided loans to the Thai Silp South East Import Export Co. have offered to extend additional funds to the debt-ridden garment factory which recently declared its intention to go out of business early next month.
Kasikorn Bank vice president Boonthak Wangcharoen said executives of the Thai Silp garment factory’s creditor banks, namely Bangkok Bank, Bank of Ayudhya, Siam Commercial Bank, HSBC and the Kasikornbank, had met together and agreed to give more loans for the factory, despite its management’s decision to go out of business in the face of a Bt1.4 billion loss.
About 6,000 employees of the troubled factory have become jobless due to the unexpected shutdown of the factory in Samut Prakan’s Bang Phli district.
However, the creditor banks preferred the garment factory reopen shortly so that those employees could come back to work though an exact amount of new bank loans to provide is yet to be specified at a later date pending consideration on the company’s business plan, according to Mr. Boonthak.
The Labour Ministry had earlier pledged to help find jobs for the unemployed factory workers who are yet to receive overdue wages and severance pay.
The shutdown of the Thai Silp factory, known to have been run as a traditional family style business, had taken the creditor banks by surprise, the senior banker added. (TNA)-E008
July 23rd, 2007
India offers to buy 8 mn garment items from Bangladesh
Hindu, India
Dhaka, July. 22 (PTI): India has offered to buy eight million items of garments every year, which are currently in the sensitive list, from Bangladesh to deepen trade ties.
“An MoU to give effect to these imports by India is now awaiting final approval by Bangladesh and I hope it can be signed very soon,” Minister of State for Commerce Jairam Ramesh said here at the launch of the India-Bangladesh Chamber of Commerce and Industry.
This could mean additional annual earnings of 50-70 million dollars for Bangladesh, an official release quoted him as saying.
He also said India was committed to SAFTA, which is proceeding forward on schedule.
“We are firmly committed to it, in spite of the fact that one member continues to deny us most-favoured nation (MFN) status, which is the very basis of WTO and international trade,” he said.
Ramesh said India would advance the schedule for reducing import duties to zero for Least Developed Countries in South Asia to December 2007 from the original date of December 2008.
Besides benefiting Bangladesh, it would benefit Maldives, Bhutan and Nepal. India will also prune the sensitive list for such countries, he said. Beginning January 1, 2008, almost 86 per cent of Bangladesh’s tariff lines will not attract any import duty by India.
“We are taking special care that some items of export interest to Bangladesh are removed from the sensitive list and we aim to complete this by year end,” he said.
July 23rd, 2007
Garment factory closed, severance pay for employees
Thai News Agency MCOT, Thailand
SAMUT PRAKAN, July 19 (TNA) - A garment firm, Thai Silp South East Import Export Co, will shut down its factory on August 7 due to heavy loss and offer severance pay to about 6,000 employees, Labour Minister Apai Chandanachulaka said Thursday.
About 200 policemen were on guard as employees peacefully rallied outside the factory in Bang Phli district of the Bangkok’s outlying province.
Sakda Thepcharoenniran, chief of the Samut Prakan branch of the Labour Protection and Welfare Deparment, said the company would hand out a portion of the total severance payment while the rest would be paid after it manages to sell its properties.
The labour minister said about 6,000 jobs would be available in Samut Prakan areas for the laid-off workers while nearby provinces and Bangkok would have several thousand jobs for them.
Meanwhile, Director of Labour Relations Office Arthit Isamo, said Tops Supermarket, an affiliate of Central Food Retail Co, planned to lay off a number of employees at some of its outlets.
He pointed out that it would be against the law if Tops management orders employees to resign. He advised employees to file complaints with the department if they are forced to resign.(TNA)-E008
July 20th, 2007
Garment trade heads for slump
The Statesman, India
Statesman News Service
KOLKATA, July 18: The readymade garments business, though thriving in the state, may soon experience a slump if the government does not take immediate steps to stop labour exodus and ensure steady supply of power.
Addressing the Press at the inaugural ceremony of the 32nd Buyers Sellers Meet in the city today, Mr Vijay Kariwala, president designate of the West Bengal Garment Manufacturers and Dealers Association, said the sector grew at a rate of 20 per cent last year. “The trend is likely to continue as there is a huge demand for our products but we have to overcome a number of constraints,†he said.
The supply of skilled manpower and people with practical training are needed for the growth of the sector. “Designers from premiere designing institutes need to be trained all over again because they have a lot of theoretical knowledge but no sense of practical application of the knowledge,†Mr Kariwala said. Workers are going away from West Bengal to states like Maharashtra, Gujarat and Delhi because of market fluctuations in the region.
July 19th, 2007
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