Home / Knowledge / News / Fashion / Export enterprises must pay heed to local fashion
Export enterprises must pay heed to local fashion
01
Nov '08
A recent study shows that Vietnam has a high potential fashion market. Statistical reviews have put light on this fact, that demand for fashionable clothes has an annual growth rate of 30 to 40 percent.

However, what is noteworthy is that, local garment companies, instead of focusing on the domestic requirements, which has astounding opportunities, are catering to demands of the export markets.

Observing the huge opportunities in the region, international brands from countries like France, Italy, the US, and Spain, have entered the market and acquired 60 percent market share.

Even fashionable garments from Asian countries like China, South Korea, Thailand and Singapore are quite popular among the younger generation of the nation.

Most importantly, China, one of the biggest competitors of the country in the global export market, has been able to attract local people with their reasonable priced clothing.

Experts are of the opinion, since business prospects for fashionable garments is enormous in the country, domestic enterprises should, now, pay heed to the local demands and must invest more in design, research and development. They should also promote their products locally, and automatically their revenues would increase. This in turn would help them to make their mark in both domestic and international arena.


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Wendell Rodricks
Wendell Rodricks

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search