Category : Business News

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BD SUMMIT
Business News

Bangladesh is going to organize international Investment summit in November.

Denim Admin
To attract investments from both home and abroad, Bangladesh Investment Development Authority (BIDA) is going to organize an international summit in Dhaka from 28-29 November. Bangladesh Investment Development Authority (Bida) executive chairman  Sirazul Islam Said, “We are targeting 15 countries from which we expect more investment. And we will also...
Denim
Business News

California 1st US state to require hourly wages for garment workers

Denim Admin
Taking historic and decisive action to help keep workers safe on the job and combat unfair pay practices, California Governor Gavin Newsom has signed a package of 18 worker protection bills, including nation-leading legislation that will end decades-old, unfair pay practices and requires garment manufacturers to pay workers an hourly wage. Among...
Green garments
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Bangladesh is now one of the top countries in the world with 150 Green Garments factories.

Denim Admin
As the so-called green wave continues to sweep Bangladesh, the country has become home to the highest number of Green Garment factories in the world. The Leadership in Environmental and Energy in Design (LEED) certification given by the United States Green Building Council (USGBC). The establishment of 150 Green Garments...
Business News

M&S clothing sets new sustainability standards for denim

Denim Admin
M&S has started switching all denim to more sustainable indigo dyes including nearly 50 percent of the new range, which also uses 86 percent less water compared to the industry average for denim finishing, and 100 percent responsibly sourced cotton. M&S has brought the new sustainability features to life in...
Srilanka Textiles
Business News

Sri Lanka’s textile & garment exports up 28% in Jan-June ’21

Denim Admin
Sri Lanka’s earnings from textiles and garments exports increased by 28 percent year-on-year to $2.487 billion during the first six months of 2021, according to the statistics released by the Central Bank of Sri Lanka. Exports of textiles increased 47.8 percent to $156.6 million, while garment exports were up 30.8...
Bangladesh apparel
Business News Latest News

Bangladesh apparel, textile sector leaders set ceiling on yarn price.

Denim Admin
Apparel exporters and spinners in Bangladesh have set an upper ceiling on the price of count 30-single yarn to prevent any unusual price hike of the item in the domestic market. Following a continuous rise in yarn prices in the last 30 days, leaders of textile and garment associations met...
Textiles Captains
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Textiles Captain in the pandemic situation.

Denim Admin
Yarn is one of the raw materials for export-oriented garments. Badsha Textiles Limited is the country’s leading manufacturer and exporter of yarn from imported cotton. In 2019, the company supplied more than 12.5 million USD worth of yarn to export-oriented garment factories. Despite the prevalence of Covid, the company’s sales...
Lee Jeans
Business News Latest News

Lee Jeans joins forces with Artistic Milliners on sustainable denim

Denim Admin
Denim brand Lee Jeans has developed Cradle to Cradle Certified jeans at the gold and bronze levels in partnership with Artistic Milliners, one of the world’s largest vertically integrated denim and apparel manufacturers. The new range of selvage jeans are circular by design, explains Lee Jeans, with every component being...
Appreals
Business News Latest News

Sri Lanka’s apparel manufacturers hopeful EU GSP+ will be retained

Denim Admin
Top Apparel Manufacturers in Sri Lanka recently reiterated that the European Union’s (EU) generalized scheme of preferences plus (GSP+) is critical for the future growth of exports and expressed hope that the government will work towards retaining the concession. The apparel sector contribution to the country’s gross domestic product (GDP)...