SRI LANKAN APPAREL EXPORTERS MEET MAJOR U.S.
BUYERS IN NEW YORK
Direct contacts will result in expansion
of apparel exports
Five Apparel exporters from Sri Lanka visited New York, which
is the central point in the US for apparel industry. The meetings
were held between August 20th - 22nd 2003, with major apparel
buyers and importers in the US to establish direct contacts with
a view to increasing market share of Sri Lanka's exports. The
programme of meetings in New York for the apparel mission was
arranged by the Embassy of Sri Lanka in Washington D.C. in collaboration
with the Sri Lanka Export Development Board, as a part of the
strategy to prepare for the quota free market after year 2005.
The visiting Sri Lankan apparel exporters met on a one-to-one
basis with a wide cross section of apparel buyers in the US. They
ranged from major retaliators such as JC Penny to national brands
such as, Tommy Hilfiger and Jordache and to large and medium size
apparel buyers including Lollytogs, Roytex Apparel, Brylane, Jamie
Brooke, Donnkenny Apparel, etc. The Sri Lankan apparel vendors
learned first hand the future direction of the US apparel market,
changes taking places in the supply chain management, and to establish
new contacts and to renew relations with existing buyers.
Sri Lankan exporters received a number of inquiries from potential
buyers. Major retailers such as JC Penny and importers such as
Haddad Apparel, Tommy Hilfiger, Lollytogs mentioned that they
are planning to follow up their discussions by visiting Sri Lankan
factories. The representative from JC Penny said that "The
needlework from Sri Lanka is the finest needlework apparel buyers
could get anywhere in the world. However, Sri Lanka needs to improve
its price competitiveness to be far with prices quoted by other
Asian and South American suppliers". A representative of
Haddad Apparel which is the number one kids wear company in the
US said that they are extremely happy with their business relations
and that they are looking forward to grow their sourcing from
Sri Lanka and thus provides increased US market share. He also
pointed out the necessity to reduce the lead time required by
Sri Lankan exporters and bring down the price level to that of
Thailand and Indonesia.
A visiting Sri Lankan Apparel Exporter expressing his satisfaction
on the program said that the meetings were useful in establishing
contacts with new buyers, learning what is going on in the US
market and identifying market trends. He also emphasized the usefulness
of making direct contacts with buyers and having one to one discussions.
The Sri Lankan apparel exporters who visited New York includes;
Shadow Line Apparels, Viking Fashions, Union Apparels, Kane Apparels
and Hi Q Fashion Ltd. These companies also will participate in
"ASAP" Show, which is scheduled to take place from 24th
to 27th in Las Vegas.
Embassy of Sri Lanka
Washington DC
USA
23 August 2003
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