Viet Vuong – a leading Vietnamese apparel manufacturer – has reduced its fabric wastage to under 2 per cent, resulting in fabric cost savings of almost 3 per cent as a result of implementing Coats Digital’s IntelloCut solution. The implementation has also made Viet Vuong witness 1.13 per cent Bill of Material (BOM) savings.
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US swimwear imports have gone up by 39.83 per cent in Jan.-Apr. ’22 period to US $ 816.78 million. This value is almost same as the entire 2020 values as it took just four months of 2022 for US buyers to get back to normal in swimwear sourcing, while the same is going to cross the entire 2021 value in not more than one month from April!
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Vietnam, for the second consecutive month, remained top exporter to the US, beating China. India and Bangladesh too noted strong growth on Y-o-Y basis.
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If first three months’ data of 2022 is anything to go by, India and Bangladesh are increasing their presence in the Canadian apparel market at a time when China’s share in Canada is reducing, Vietnam’s pace is just decent and Cambodia is declining massively.