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

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Marcel Alberts
Eurofibers

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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