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» "පියසේනට දැං සනීපයි..."
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 5:00 pm by Ethical Trader

» Dividend Announcement
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 4:52 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 11:50 am by serene

» CFVF - First Capital
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyToday at 7:43 am by serene

» Thread for News on CSE and SL Economy
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyYesterday at 7:18 pm by NIRMALSG

» විද්‍යාව මිස්ගේ පාඩම...
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyYesterday at 7:27 am by sanjulanka

» Trading Journal
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue Jul 16, 2019 11:50 pm by pathfinder

» වචන නම් අපේ ඒත් තනුව ?????????
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue Jul 16, 2019 8:08 pm by Rana

» Access Engineering AEL Technical Analysis
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jul 15, 2019 3:07 pm by NIRMALSG

» Tourism sector
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jul 14, 2019 8:57 am by NIRMALSG

» Cricket, meet Capitalism
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jul 12, 2019 1:24 pm by කිත්සිරි ද සිල්වා

» LFIN - LB Finance
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jul 11, 2019 11:27 am by Ethical Trader

» අපි නොදන්න චෙස් කිව්වලු !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue Jul 09, 2019 6:25 pm by serene

» Stock Market to stay Bullish
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jul 08, 2019 7:51 am by කිත්සිරි ද සිල්වා

» Is an emoji a word or a gesture?
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jul 08, 2019 7:46 am by කිත්සිරි ද සිල්වා

»  Rajgama Heroes !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jul 08, 2019 7:39 am by කිත්සිරි ද සිල්වා

» HHL.N0000 ( Hemas Holdings PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jul 07, 2019 12:25 pm by dhanurrox

» Checkmate, meatbags !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jul 07, 2019 7:20 am by spw19721

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySat Jul 06, 2019 8:13 am by කිත්සිරි ද සිල්වා

» සංචාරක පැමිණීම ක්‍රමයෙන් යහපත් වන ලකුණු
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jul 05, 2019 6:11 pm by serene

» SAMP.N0000 (SAMPATH BANK PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jul 04, 2019 8:55 am by serene

» Easter Sunday Attack and Sri Lanka
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jul 04, 2019 8:46 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed Jul 03, 2019 10:07 pm by ruwan326

» First capital holdings
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed Jul 03, 2019 1:37 pm by serene

» What to Analyse
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jul 01, 2019 11:33 am by serene

» අනිසි ලෙස කොටස් මිල හැසිර වූ ආයෝජකයින් දෙදෙනෙකුට සුරැකුම්පත් කොමිසමෙන් නඩු
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jun 28, 2019 2:11 pm by Ethical Trader

» අද වෙන්දේසියේ දී බිල්පත් පොළිය පහළට.
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jun 28, 2019 7:46 am by serene

» AAIC.N0000
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyFri Jun 28, 2019 7:33 am by serene

» SERV - The Kingsbury
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyThu Jun 27, 2019 8:27 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyWed Jun 26, 2019 2:22 pm by nuwanmja

» Life After Google
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue Jun 25, 2019 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyTue Jun 25, 2019 6:37 am by nihal123

» Future of Tea Industry
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit EmptySun Jun 23, 2019 9:14 pm by hammurabi

» 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

» 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

» 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

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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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