Home / Knowledge / News / Apparel/Garments / PVH Corp seeks to benefit from Sri-Lanka China FTA
PVH Corp seeks to benefit from Sri-Lanka China FTA
Sep '14
Mr. Green (L) with Mr. Bathiudeen
Mr. Green (L) with Mr. Bathiudeen
PVH Corp (Phillips-Van Heusen), one of the top American apparel companies with 2013 revenue of US $8 billion, is excited about the upcoming Free Trade Agreement (FTA) between Sri Lanka and China.

This was disclosed during a meeting between Mark Green, the executive vice president of global supply chain of the New York-based company, and Rishad Bathiudeen, Sri Lanka’s Minister of Industry and Commerce, in Colombo, last month.

“We are very excited about the forthcoming Lanka-China FTA—having duty free market access to China is very important for us as an apparel sourcing firm and the benefits are great. This is even more important for us since we have considerable income from Asia—30% of our turnover from Calvin Klein brand alone originates from Asia! Having a production centre in Sri Lanka with duty free access to China market is very exciting for us. This is really exciting!,” Mr. Green told the Minister.

Green said they have recently opened an office in World Trade Center (WTC), in Colombo and have done business worth $ 80 million in Sri Lanka.

Mentioning that Sri Lanka is considered to be an expert in apparel manufacturing, both in compliance record and sustainability, Mr. Green said PVH now wants to grow its business in Sri Lanka. PVH Corp is now looking forward to work with Sri Lankan apparel brands such as MAS Holdings, Brandix, Jinadasa, and Hirdramani Group, he said.

Mr. Bathiudeen said the Sri Lankan government is now aiming for new levels of bilateral trade cooperation with China. The Sri Lanka and China FTA would create great opportunities for both countries, he added. (GK)

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Igor Chapurin

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

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search