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Sarasavi Exports the premier exporter of hosiery products and ties and socks from Sri Lanka has acquired Isabella from the DB Apparel Group, a market leader in branded intimate apparel and hosiery in Europe.

DB Apparel is based in France. It owns 15 world renowned brands of which DIM and Nur Die, produced in Sri Lanka, are market leaders in their segments with a strong presence in France, Germany, and the Czech Republic. Sarasavi Exports will now serve as a supplier of products to the DB Apparel Group through a product buy back agreement. <br/>

This transaction allows and positions Sarasavi to take advantage of the free trade agreement with India and the pending free trade agreement with China. The company intends to increase production capacity by investing in automation and product development to cater to new export markets. It offers customers value additions like anti-bacterial socks and perfumed socks.

Sri Lanka is positioning itself as the gateway to South Asia. Sri Lankan garment factories have begun to differentiate themselves in international markets. At least some of the growth can be attributed to ethical manufacturing standards in Sri Lankan apparel factories.


www.sarasaviexports.com/

images 1The Italian textile industry, comprised of woolen, cotton, linen, silk and knitted fabrics, registered a turnover of over €7.7 billion, a slight decrease of below 3.2 per cent compared to the previous year.  Although there was a slowdown in 2012, the textile sector closed 2013 with less positive data than was estimated last February at Milano Unica. A decline of below 2.4 per cent was predicted, against more disappointing export figures.

The Italian textile industry plays a leading role in the textile-fashion production chain, making up nearly 15.2 per cent of total sector turnover. The woolen sector remains the primary division, accounting for nearly 36.5 per cent of the sector turnover. As far as the overall performance of the textile industry is concerned, negative results were registered for the woolen sector of below 7.1 per cent, cotton, below 6.4 per cent and linen, below 2.3 per cent. On the other hand, positive results were reported by the knitted fabric with over 4.4 per cent and silk sector, with over 2 per cent growth.

As for the domestic market, a marked improvement has been noted over 2012, supported made-in-italyby a rise in imports. As for foreign trade in 2013, while foreign sales of Italian textiles registered an average decrease of below 2.2 per cent, imports increased over 4.2 per cent. Considering foreign trade tendencies, the final 2013 trade balance totaled €2.4 billion, a slight reduction compared to 2012 figure of less than €175 million.

From a geographic viewpoint, both EU markets (which include Croatia since July 2013) and non-EU markets are losing ground but less rapidly compared to the year 2012 in terms of exports. In particular, fabric sales within the EU limit decreased by below 1.4 per cent, while sales outside the EU register were below 4.9 per cent in 2013. On the other hand, imports from EU countries increase by over 3 per cent, while imports from non-EU countries increased by over 5.8 per cent.

The data indicates that the first part of 2014 marks an improvement in performance for the Italian textile Industry when compared to 2013, presenting a positive trend for industrial production and export; along with an increase in imports, which experienced a trend reversal in 2013. Italian textiles (excluding knitted fabrics) showed positive results from January-March and April-June, registering over 9 per cent and over 6.2 per cent rise, respectively. Consequently, in the first half of the year, Italian textile production increased by over 7.6 per cent, almost over-performing when compared to the textile industry as a whole, which increased by over 4.8 per cent.

Even foreign trade has been experiencing a positive trend. In particular, during the first four months of 2014, Italian fabric export increased by over 4.2 per cent, while imports, already on the upswing in 2013, reinforced the increase to over 7.5 per cent. When various fabric divisions are analyzed a growth into double-digits can be noted for knitted fabric export with over 14.8 per cent; woolen fabric export, over 4.1 per cent for worsteds and over 3.2 per cent for carded. While the export of linen fabrics rose by over 6.6 per cent, foreign sales of cotton fabrics registered a low of below 2.7 per cent; even silk fabric export declined by below 2.2 per cent.

As for imports, knitted fabrics are first in line with a substantial increase of over 16.2 per cent; cotton fabrics are also in the positive with over 3.1 per cent, followed by linen fabrics registering over 2.9 per cent; and worsted woolens, 2.4 per cent. However, carded woolens import dropped below 1.1 per cent. On the other hand, the import of pure silk fabrics increased by over 5.8 per cent during the first four months of 2014.

Considering these results, the total turnover for Italian textiles from January-April 2014 reached €577 million, a slight improvement over the same period in 2013. According to SMI estimates, the positive tendency should continue throughout the second quarter.

 

www.milanounica.it

 

A Chinese company Jiangsu Lianfa is building a textile factory in Kenya. It will be one of the largest in the African continent and is likely to create more than 30,000 jobs. It will be located on a 50,000 acre cotton farm. The investment involved in this project is about $500 million. The plant is expected to produce goods worth $1.5 billion per annum and is also anticipated to triple Kenya’s annual production of textile goods. The country recorded a 6.5 per cent growth in 2013 predominantly supported by manufacture of twine, cordage and rope as well as knitting wool.

Jiangsu plans to have a textile factory in Addis Ababa, Ethiopia. The factory will create over 20,000 jobs once it starts operation. The firm has also made similar pre-investment assessments in Uganda and Tanzania. Africa, especially North Africa, is starting to become a manufacturing hub. Some of the biggest clothing companies of the world are expanding their sourcing operations in Africa. Sub-Saharan Africa was once seen by a number of investors as a pure commodity play, but its rapid development has allowed the continent to become the next frontier market, with a number of untapped sectors.

The Italian subsidiary of Shima Seiki will hold an exhibition on September 24 to 26, 2014. Shima Seiki is a Japanese computerised knitting machine manufacturer. The exhibition will be a showcase for the company’s newest selection of computerised flat knit machines like the flagship MACH2X series with slide needles mounted on four needle beds, the new compact SWG-N2 series whole garment knitting machine with capability for industrial textiles, and the SRY123  and SRY183 with loop pressers that produce unique knitwear with woven textures.

Demonstrations will also be performed on the company’s SDS-One Apex 3  design system that is at the core of the company’s total knitting system concept. With comprehensive support of all aspects throughout the knit supply chain, Apex 3 integrates knit production into one smooth and efficient workflow from yarn development, product planning and design to machine programming, production and even sales promotion. Photo-realistic simulation capability minimizes the need for sample-making, effectively reducing time, material and cost from the sampling process.

Shima Seiki was founded in 1961. The company is principally involved in the manufacture and sale of flat knit machines, design systems, seamless gloves and sock knitting machines. Additionally, through its subsidiaries, the company is also engaged in the operation of hotels, as well as the manufacture, sale and trading of fibrous raw materials.

www.shimaseiki.com/

Ghana is looking at increasing its investment in the textile industry to enable manufacturing companies to take advantage of growing opportunities in the international market. Already the cotton industry is receiving an appreciable measure of attention. In Ghana cotton serves as the raw material base. Now the government plans to extend its focus to finished products.

In the past, Ghanaian companies could not take advantage of the Africa Growth and Opportunities Act because of severe competition from the Asian market. So the country is aiming at diversification of the economy and wants to shed its reliance on primary products. There is a policy shift towards value addition. Investment has been hiked heavily in agriculture and this has started yielding dividends as rice production, for instance, has seen a 60 per cent increase.

The textile industry, which was once the frontrunner in Ghana’s industrial sector, has been declining over the years. This is due largely to trade liberalization policies and programs, making it impossible for Ghana’s textile products to compete with cheap imports from Asia. China has gradually taken over the Ghanaian market with a primary focus on the textiles industry. Although Chinese textiles are not durable, compared to those made in Ghana, their prices are far lower.

Bangladesh exports in August rose 7.25 per cent from a year ago driven by an increase in readymade garment exports and ending a brief slowdown in July. Exports fell 1.4 per cent in July from a year earlier, the first decline since August 2012. The August figures were still 17.5 per cent below the government’s monthly target. Exports in 2013-14 were up 11 per cent from the previous year, on the back of stronger garment sales. Exports for 2014-15 are expected to rise 10 per cent from a year earlier. Garment exports for the current financial year have been fixed at $26.9 billion, up 10 per cent since the previous year when clothing sales surged 14 per cent.

Bangladesh is one of the cheapest countries in the world to make large quantities of clothing. It is the second largest exporter of readymade garments after China. Last year, the government raised the minimum wage for garment workers by 77 per cent and amended the labor law to boost workers’ rights. The sector employs nearly four million people and generates 80 per cent of Bangladesh’s export earnings.

However, the garment industry, which supplies to many western brands, has come under pressure after a string of fatal factory accidents.

Pakistan's apparel exports to the European Union surged by 25.18 per cent in value and 26.17 per cent in volume during January to June 2014. During this period, Pakistan posted the highest growth in apparel exports to the EU compared with all other major exporters. However, the per kg value of garments and knitwear remained the lowest compared to its major competitors.

Pakistani exporters have been facing stiff competition from India. Indian exporters lowered their per unit rates in 2014 because the Indian government provided them additional rebates and incentives after Pakistan was granted GSP Plus status by the EU. Another problem Pakistan has is that local manufactures use only cotton based products while the global demand is predominantly for apparel made from blended fabrics. That is a key reason for low value addition in Pakistan’s apparel exports.

The ratio of cotton to manmade fiber use in Pakistan is 75:25 while the world ratio is the reverse. The textile industry in Pakistan feels it’s kept out of blended textiles because of the huge protection that the government provides to polyester fiber plants in the country. The conclusion is that value addition in Pakistan would continue to suffer until the domestic industry is provided level playing field in manmade fiber as provided in cotton. <br/>

Australian wool production for 2014-15 is expected to fall 3.7 per cent from the 2013-2014 levels. This decrease reflects the reduction in sheep numbers due to the high slaughter rates in 2013-14 even though average fleece weights are expected to increase marginally. Queensland and northern New South Wales shorn wool production is expected to be the most affected due to the ongoing tough seasonal conditions, while South Australia has seen a recovery as a result of the good season in that state.

The average fleece weight is expected to rise marginally. Regionally, the expected declines in 2014-15 wool production for New South Wales, Queensland, Victoria, Western Australia and Tasmania outweigh the expected increase in South Australia. Australia is the largest wool-producing country in the world. Its annual production consistently accounts for over one quarter of the world’s wool. Australia is also recognised as producing the world’s highest quality woolen fiber – Australian merino wool.

The total world wool production is forecast to be down in the coming financial year. Production would drop in Australia, China and New Zealand, three of the major wool- producing nations. The biggest gains would be in smaller wool-producing countries. This would include the UK and Mongolia.

Bangladesh now looks to BRICS nations to further boost apparel exports. Brazil, Russia, India, China and South Africa are considered to be potential markets for readymade garment exports. Every year apparel imports by BRICS nations have been on the rise. The main reason is cost of production in these countries has risen significantly following the growth of their economies.

And Bangladesh hopes to grab a share of these growing markets. Presently Bangladesh exports apparels to China and India with duty-free facility but exports to Russia and Brazil are hindered because of high duties. Russia joined the World Trade Organisation in 2011. As one of the least- developed countries, Bangladesh hopes to get tariff preferences in Russia.

Even exports to China and India face some roadblocks. Weakness in land-port operations and other infrastructural establishments, laboratory accreditation, non-cooperation in visa issuance, and some non-tariff and para-tariff barriers are among the problems.

Bangladesh’s apparel exports to non-traditional markets increased significantly due to facilities from the government. In the fiscal year 2008-09, apparel exports to non-traditional markets amounted to 6.88 per cent of the total. The government has raised cash incentives for exporting clothing items to new markets, other than the US, Canada and the European Union, to 3 per cent this fiscal year.

Cotton Incorporated and the specialty chemicals company Archroma have created fluorine-free apparel using technology called Storm Cotton. The technology can be used as a water repellent in cotton outerwear. The fluorine-free material offers almost the same benefits as the fluorine material, including water repellency, but with sustainable qualities.

Fluorine-free apparel has been a goal for many apparel brands and manufacturers to help boost sustainability. A fluorine chemistry provides water repellency and oil release—or stain protection from oil-based sources-and is recharged with heat from a dryer or iron. The fluorine-free chemistry does not provide oil release but also does not require recharging from the heat of an iron or dryer.

Customers do not notice any difference in the feel, performance or care of garments made with the new fluorine-free chemistry. This technology option is now available in the full range of cotton-based fabrics like denim, fleece and twill. An outdoor apparel retailer has plans to introduce the fluorine-free version of Storm Cotton in select products during 2015.

Cotton is also working to create fluorine-free options for other finishes like its TransDRY, moisture-wicking material for athletic apparel. Archroma product packages enhance the properties of apparel and other textiles in applications as diverse as high fashion, home textiles and special technical textiles. From crease resistance to moisture management as well as repellency, its functional effects provide added-value features to textile manufacturers.

archroma.com/

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