Home / Knowledge / News / Apparel/Garments / Pan Brothers' apparel exports rise amid economic slowdown
Pan Brothers' apparel exports rise amid economic slowdown
02
Oct '12
Even in the midst of uncertain global economic climate, Indonesia’s leading apparel producing firm PT Pan Brothers Tbk managed to post positive export growth during the first half of the current year.
 
The publically-listed company’s exports for January-June 2012 hiked to Rp 1.09 trillion or US$ 113.27 million, showing a year-on-year rise of 25.6 percent. About 99.2 percent of the company’s overall net sales for the period came from exports.
 
The company’s exports to the EU market during the six-month the period grew at a year-on-year rate of 26.6 percent to Rp 519.71 billion, while its exports to other countries including Canada, Australia and Japan also grew almost two-fold to Rp 232.04 billion.
 
However, the company’s exports to the US plummeted slightly by 3.6 percent year-on-year to Rp 334.41 billion, during the period under review.
 
While exports to the EU accounted for 47.8 percent of overall apparel exports made by the frim during the review period, those to the US and other countries contributed 30.8 percent and 21.4 percent respectively.
 
Pan Brothers mainly engages in production of a range of high-end apparel items, with sportswear as its prime product, and has several global brands including Nike, Calvin Klein, Reebok, Adidas and Emporio Armani as its clients.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Jun 2016

CII issues 6-point plan for textile & apparel industry

Indian textile and apparel industry has the potential to create over...

Textiles | On 28th Jun 2016

Telangana subsidises power tariff for textile sector

The Telangana government has decided to give Rs 2 per unit subsidy on ...

Apparel/Garments | On 28th Jun 2016

Bangladesh garment exports up 9.4% in July-May

Readymade garment exports from Bangladesh increased by 9.41 per cent...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Shawn Honeycutt
Bolger & O'Hearn

Which chemicals are likely to dominate the sustainable textiles industry?...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search