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Christmas season clothing orders plunge
12
Aug '09
According to exporters from the Pakistan apparel sector, export orders for clothing for the Christmas season have dropped by an average of 30-40 percent in the current season, when compared with that in 2008.

The main reason they aver is that Pakistan has developed a reputation of being an unreliable supplier due to the strife in the country despite the fact that they quote the most competitive rates.

They said that the power crisis has also played a key role in keeping the buyers away as they were not willing to take risks by placing orders in view of all these problems faced by the sector in Pakistan.

They also allege that at a time when they were trying to get orders from the overseas buyers, the prices of yarns were hiked up by 20 percent, which has led to an escalation in costs for these exporters.

The clothing manufacturing sector in Pakistan had received very less orders for the summer season and now the shortage of orders for the main Christmas season is going to break their backs.

Fibre2fashion News Desk - India


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