EDB in its efforts to increase apparel exports to EU, organized an apparel promotion programme in France by participating at the “Apparel Sourcing Paris 2018” which is the leading sourcing trade fair held in Europe for the second consecutive year in collaboration with the Sri Lanka Embassy in France.
The good news is in. The perseverance of the incumbent government of Sri Lanka in negotiating with EU to have GSP Plus Concessions reinstated are eventually paying off. The European Commission, the executive body of the European Union, has proposed that Sri Lanka is eligible to receive GSP Plus Concessions. Once it’s
Sri Lanka's seafood exports to the European Union picked up 19.9 percent in July 2016 from a year earlier, following the lifting of a ban, and apparel exports rose 3 percent, but lower commodity prices have hit petroleum and tea.
Exports fell 4.4 percent to $891.2 million in July 2016 from a year earlier and imports fell 6.6 percent to $1,432 million dollars, shrinking the trade balance 10 percent to $541 million, official data showed.
With a specialised knowledge and improved awareness, apparel manufacturers makes nearly 90% of the apparel industry in Sri Lanka and joint ventures between local garment manufacturers and international fashion houses accounts for almost three quarters of the garment manufacturing facilities in the country.
While Sri Lankan apparel manufacturers have long being producing latest of designs for leading fashion houses like Ann Taylor, Banana Republic, C&A, Calvin Klein, Chantelle Group, Columbia, Gap, Gloria Vanderbilt, Intimissimi, Lands’ End, Marks & Spencer, Next, Old Navy, Polo Ralph Lauren, Sainsbury, The Limited, and Victoria’s Secret, a number of local fashion designers, produced by local design academies are creating their own niche in global fashion scene.
Leading a local movement to establish a new fashion trend that embraces the Sri Lankan heritage, a group of young fashion designers are creating unique designs in high street fashion, haute couture and sports wear for local and global market.
Sri Lanka's bold initiative in promoting value against volume in a highly competitive global market succeeded in earning the country an export revenue of nearly Rs. Five billion through garment exports in the last year, placing the local fashion and garment industry as the top foreign revenue earner over traditional exports like Tea, coconut and tourism.
After the discontinuation of global quota system in apparels in the year 2005, Sri Lankan garment manufacturers came up with a clever placement of Sri Lankan apparel trade as the most ethical source of garment manufacturing in the world.
Having built itself a global reputation for environment sustainable and labour friendly practices, Sri Lankan apparel manufacturers are seeking to infuse local designs, material and fabrics in to the production of fashion apparels for global market, in an ambitious attempt to develop Sri Lanka in to an Asian fashion giant.
Refined into an art at the royal courts of Portugal and developed into an industry in the annals of Dutch Galle, the delicate art of beeralu or Dutch lace making has endured the test of time over generations.
Once an essential part of the dress of a Southern Belle, Dutch lace is making a comeback in the local fashion scene, thanks to a large number of young designers, who are seeking to add a local touch to their international designs.
In a post-quota era, where competition with mass garment manufacturers is destructive to the workforce as well as to the industry, Sri Lankan garment manufacturers have reinvented themselves as environment friendly, ethical employers of labour.
With the ending of the global quota system in apparels in the year 2005, Sri Lankan garment manufactures were faced with two extreme options. The first was to compete with global giants in mass garment manufacturing in India, Bangladesh, Vietnam and China and the second was to go for a less competitive yet highly risky option of re-branding themselves as eco-friendly and labour friendly producers of quality garments.
CEMS-Global USA’s three comprehensive international exhibitions focused on the entire textile and garment sector of Sri Lanka – ‘6th Textech Sri Lanka 2015 International Expo,’ an international exhibition on textile garment technology and machinery,’ along with concurrent exhibitions ‘20th Dye+Chem Sri Lanka 2015 Int’l Expo,’ an int’l exhibition on dyes and fine and specialty chemicals, and ‘6th Colombo Int’l Yarn & Fabric Show 2015’ kicked off yesterday at the Sri Lanka Exhibition & Convention Centre (SLECC), Colombo. The exhibitions will run through 14 March.
Sri Lanka’s apparel industry is well on its path to meet the apparel export target of US $8.5 billion by 2020. Apparel exports which bring the largest export income to the country have recorded an increase of 9.26% YoY by earning US $4.9 billion in the year of 2014. In 2013, earnings from apparel rose by 13% YoY, recording a $4.5 billion surpassing the US $4 billion target initially set by the apparel industry.