Tag : Pandemic Situation

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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)...
Vietnam Garments
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Vietnam’s garment, textile, footwear sectors may take long to recover

Denim Admin
As Vietnam’s garment, textile and footwear sectors have been hit hard by the pandemic, firms may take long to recover, say experts. Some businesses said they are facing penalties for late delivery and the risk of losing orders for the next season. Prospects for this year and 2022 have turned...
Denim Analysis

Global Denim Jeans Market Analysis 2020-2027: New Business Models Likely to Emerge from the Pandemic Situation

Denim Admin
An iconic staple of fashion, Denim Jeans is expected to feel the heat of the coming virus-led recession and will grow in the post-crisis period to reach a projected global market size of US$87. 3 billion by 2027. What was seen hitherto as the looming recession is now imminent with...
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...
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H&M Group appoints New Chief Technology Risk Information Officer

Denim Admin
H&M Group appointed George Mudie as the new Chief Technology Risk Information Officer. Mudie will assume his role in January 2022. George Mudie said, “Cybersecurity along with regulatory compliance and ethical data practices is a competitive advantage that will enable H&M Group to create meaningful relationships across their brand portfolio. Altogether, this is...