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» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 6:58 pm by NIRMALSG

» Future of Tea Industry
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 6:54 pm by hammurabi

» Dividend Announcement
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 5:30 pm by Ethical Trader

» Cricket !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 2:22 pm by කිත්සිරි ද සිල්වා

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 1:56 pm by yellow knife

» DIPD.N0000 (Dipped Products)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 11:40 am by Ethical Trader

» Access Engineering AEL Technical Analysis
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 4:34 am by NIRMALSG

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyYesterday at 9:14 pm by hammurabi

» Thread for News on CSE and SL Economy
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyYesterday at 8:52 pm by NIRMALSG

»  Rajgama heroes !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySat Jun 22, 2019 9:44 pm by spw19721

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» First capital holdings
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 20, 2019 5:57 pm by serene

» Happy Father's Day !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» අනං මනං! #/+?.<>
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 13, 2019 8:07 am by ruwan326

» Should CSE be like this? Whose FAULT is it?
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue Jun 11, 2019 9:15 pm by ruwan326

» MCPL.N0000
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jun 09, 2019 12:15 pm by ruwan326

» Tourism sector
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jun 09, 2019 6:53 am by NIRMALSG

» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jun 07, 2019 5:42 am by stockback

» Easter Sunday Attack and Sri Lanka
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 06, 2019 9:13 am by ruwan326

» In the Meantime, Within Our Shores !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jun 03, 2019 2:14 pm by කිත්සිරි ද සිල්වා

» What to Analyse
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jun 02, 2019 7:11 am by Leon

» Tolerance at its Best !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu May 30, 2019 10:50 am by Yin-Yang

» විශ‍්‍රාම ගැන්වීමේ වයස් සීමාව ඉහළ දැමීමට මහ බැංකුවෙන් යෝජනාවක්
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue May 28, 2019 8:03 am by කිත්සිරි ද සිල්වා

» සදහම් අටුවාව
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue May 28, 2019 7:07 am by ruwan326

» බැරි වෙලා වත් අනික් පැත්ත උනොත්...?
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri May 24, 2019 3:42 pm by smallville

» Sri Lanka at Cross Roads: Time to Learn, Unlearn and Relearn - Prof Rohan Gunaratna
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri May 24, 2019 3:10 pm by puliyanam

» Songs to listen
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri May 24, 2019 11:26 am by yellow knife

» Dhammika Perera non-committal on common candidate speculation
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu May 23, 2019 2:54 pm by කිත්සිරි ද සිල්වා

» Films - To Watch List
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed May 22, 2019 10:04 am by කිත්සිරි ද සිල්වා

» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue May 21, 2019 2:06 pm by Ethical Trader

» Presidential poll between 15 Nov-7 Dec
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue May 21, 2019 11:31 am by bjmd

» Flying is the Safest mode of Transport
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue May 21, 2019 7:07 am by කිත්සිරි ද සිල්වා

» My Port Folio Bleeding But Its just the Begining Of..
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySat May 18, 2019 7:40 pm by serene

» Sri Lanka mulls 25-pct ownership limit in finance companies
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri May 17, 2019 3:40 pm by Backstage

» Searing Heat in China Is Causing Havoc for Rubber Makers
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri May 17, 2019 2:43 pm by Backstage

» Israeli spyware breached WhatsApp security
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed May 15, 2019 7:47 am by කිත්සිරි ද සිල්වා

» Is Burka prohibted ?
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed May 15, 2019 7:30 am by කිත්සිරි ද සිල්වා

» Thread for General News Local/Foreign
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue May 14, 2019 11:49 am by CK

» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri May 10, 2019 7:15 pm by Backstage

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Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit

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Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit Empty Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit

Post by The Invisible on Mon Oct 15, 2018 9:25 am

ECONOMYNEXT - Sri Lanka’s apparel exports grew 7.8 percent from a year earlier to 444 million dollars in August 2018, despite a fall in exports to the European Union amid Brexit troubles, data from the Joint Apparel Association Forum (JAAF), an industry body, showed.

Exports to the EU fell 7.8 percent in August 2018 from a year earlier to 177 million dollars.

"The Brexit problem is disturbing the market," JAAF Secretary General Tuli Cooray said.

The British market, currently in turmoil over the uncertainty of the terms of its exit from the EU, is the biggest for Sri Lankan apparel within the EU.

The UK took in 40.9 percent of Sri Lankan apparel exports to Europe in 2017.

Payment platform Visa said that despite a small uptick in consumer spending in the UK in August, household expenditure fell again in September, reflecting an ongoing trend due to financial uncertainty.

Shipments to the US grew 21.5 percent from a year earlier to 209 million dollars in August 2018.

"Exports to the US were similar to seasonal trends from earlier years," Cooray said.

Sri Lanka is a big supplier to US-based Victoria's Secret. The brand has been hit by competition in the recent past.

Although sales for Victoria's Secret, fell 5 percent in August from a year earlier, sales grew 1 percent in September, interim financials of the parent, L Brands, showed.

Fluctuating Victoria's Secret sales over the past two years had trickled down to Sri Lanka's apparel exports to the US.

But Sri Lankan apparel manufacturers have coped by increasing sales to other brands such as Calvin Klein, which are capitalising on new consumer trends to compete with Victoria's Secret's traditional products, industry analysts say.

Apparel exports to other markets were up 20.8 percent to 58 million dollars from a year earlier.

Exports for the first eight months of 2018 were up 4.5 percent to 3.3 billion dollars from 2017.

Exports to the US were up 4.4 percent to 1.4 billion dollars from a year earlier and shipments to the EU were up 5.1 percent to 1.4 billion dollars up to August. (COLOMBO, Oct 13, 2018)
The Invisible
The Invisible

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