Home / Knowledge / News / Apparel/Garments / 'More UK clothing retail brands coming to Philippines'
'More UK clothing retail brands coming to Philippines'
13
Feb '14
Some more clothing retail brands from the United Kingdom are likely to come to the Philippines this year, due to the country’s improved investment climate, Iain Mansfield, director at the Manila office of the UK Trade and Investment (UKTI) has said.
 
Speaking to reports at a press conference in Makati City, Mr. Mansfield said about two to four British clothing retail brands are expected to venture into the Philippines this year, in partnership with local retailers.
 
Giving the reasons for the keenness of the British brands to expand to the Philippines, the official said that Filipinos have money to spend and they like to look good. Moreover, the Philippines also has a flourishing retail industry, he added.
 
Some UK clothing brands that already have a presence in Philippines include Marks and Spencer, River Island, Speedo, Lee Cooper and TM Lewin.
 
2014 has already seen the arrival of three trade missions from the UK, and five more trade missions have been lined up for exploring opportunities in various other sectors, besides clothing, Mr. Mansfield said.
 
In order to promote greater trade and investment ties between the UK and the Philippines, the UK Government has appointed George Freeman as its trade envoy for the Philippines.
 
The UKTI is planning to organize around 10 webinars for promoting Philippines as a favourable place to do business. Further, to assist British firms keen on setting up its footprint in the Philippines, a new Centre would be set up by April this year in the Fort in Taguig City, the official said.
 
Although the UKTI is encouraging British firms to invest in the Philippines, it would also like to see more Filipino companies doing business in the UK, he added.
 
The UK is the fourth largest source of foreign direct investment (FDI) in the Philippines.
 

Fibre2fashion News Desk - India


Must ReadView All

Maintain NAFTA trucking provisions: AAFA, US trade bodies

Apparel/Garments | On 22nd Nov 2017

Maintain NAFTA trucking provisions: AAFA, US trade bodies

The American Apparel & Footwear Association (AAFA) recently joined...

Vietnam’s textile & garment exports cross $24bn till Oct

Textiles | On 22nd Nov 2017

Vietnam’s textile & garment exports cross $24bn till Oct

Vietnam earned $24.372 billion from textile and garment exports in...

Karl Mayer unveils TMJ 4/1-T terry warp knitting machine

Textiles | On 22nd Nov 2017

Karl Mayer unveils TMJ 4/1-T terry warp knitting machine

Karl Mayer, a technology and market leader in textile machinery from...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

November 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search