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Apparel Industry Of Sri Lanka
Textile and clothing industries have been Sri Lanka's largest gross export earner since 1986 and accounted for more than 52% of the total export earnings of the country. It is also the country's largest net foreign exchange earner since 1992. The apparel industry of Sri Lanka employs about 15% of the country's workforce, accounting for about half of the country's total exports, and Sri Lanka is among the top apparel-producing countries in the world relative to its population. Development Sri Lanka's apparel industry began to grow significantly in the 1980s as an alternative to India's garment manufacturers, because of its open economic policy as well as the trade and investment-friendly environment. Under the Multi Fibre Agreement, quota regime Sri Lanka became an attractive new venue for businesses. In 1985, Martin Trust, one of the pioneers in the development of "speed sourcing" for the American fashion retail sector, began working with Sri Lankan textile and apparel companie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multi Fibre Agreement
The Multi Fibre Arrangement (MFA) governed the world trade in textiles and garments from 1974 through 1994, imposing quotas on the amount developing countries could export to developed countries. Its successor, the Agreement on Textiles and Clothing (ATC), expired on 1 January 2005. History Since the (re)emergence of developing countries as a source of cotton textile production, after the Textile manufacture during the Industrial Revolution, such as India, Bangladesh, and Pakistan's Khadi production in the Swadeshi movement initiated by Mahatma Gandhi, cotton production from these countries steadily increased after colonial independence. A number of treaties concerning Short-Term Arrangements regarding International Trade in Cotton Textiles (Geneva, 21 July 1961); Long-Term Arrangement regarding International Trade in Cotton Textiles (Geneva, 9 February 1962 and 15 June 1970), and Arrangement regarding International Trade in Textiles (Geneva, 20 December 1973) attempted to addr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martin Trust
Martin Trust also known as Marty Trust (1934 – 2019) was an American business magnate entrepreneur and philanthropist who was also known for his contributions to the economy of Sri Lanka by modernising the country's apparel industry. He is also known as the 'father of the modern Sri Lankan apparel industry', as he was instrumental in making the country one of the global leaders in the apparel industry. He is still regarded as one of the pioneers of American fashion retail sector. He died on 12 September 2019 at his home at the age of 84 in Boston, US. Early life Martin was born in Brooklyn, New York in 1934 in a middle class family. He joined his father Max Trust on his bread truck routes, delivering bread from the factories to restaurants. Career He received his Bachelor's degree in mechanical engineering from the Cooper Union for the Advancement of Science and Art and after graduation, he decided to enter into the apparel industry. He co-founded the MAST Industries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brandix
Brandix Apparel Limited is an apparel manufacturer headquartered in Sri Lanka. It is considered to be the leading apparel manufacturing firm in the country. The company has branches in the United States of America, United Kingdom, Australia, Singapore, Hong Kong, India, Bangladesh, Cambodia, Mauritius, and the Cayman Islands. Brandix has a crucial role in the Sri Lankan economy by being the main contributor to the Gross Domestic Production. It is the single largest employer in Sri Lanka's export sector and the highest foreign exchange earning company. History Brandix was founded in Sri Lanka in 1969 with the assistance of Martin Trust, an American who is regarded as the father of the modern apparel industry in Sri Lanka. The company began operations in 1972 as a conglomerate which was formally a part of Omar Group. The business was incorporated as a private limited company in 2002 under the Companies Act No 7 of 2007 as Brandix Pvt Ltd. In 2008, the firm opened a branch in S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brassiere
A bra, short for brassiere or brassière (, or ; ), is a form-fitting undergarment that is primarily used to support and cover breasts. It can serve a range of other practical and aesthetic purposes, including enhancing or reducing the appearance of breast size and creating cleavage. Bras can also serve specific functions, such as nursing bras to facilitate breastfeeding or sports bras to minimize discomfort during exercise. A typical bra consists of a chest band that wraps around the torso, supporting two breast cups that are held in place by shoulder straps. A bra is usually closed in the back by a hook and eye fastener. However, bras are available in a large range of styles, whose designs can vary widely. Initially, the bra was exclusively an undergarment, but the sports bra has gained acceptance as outerwear, as have fashions that deliberately expose the bra straps. The bra gained widespread adoption in the early twentieth century, when it largely replaced the corse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Triumph International
Triumph International is a Swiss underwear manufacturer founded in 1886 in Heubach, Germany. The company's headquarters has been located in Bad Zurzach, Switzerland, since 1977, and it has branches in 45 countries. In addition to the Triumph brand, the company produces and distributes the products under the brands ''sloggi'' and ''AMO’s Style by Triumph''. Triumph International has been an industry leader, particularly in women's and sleepwear, since the 1960s. Shares of the German subsidiary have been traded on the stock exchange until 2011. History In 1886, Johann Gottfried Spiesshofer and Michael Braun (industrialist), Michael Braun founded a factory for the production of corsets in Heubach (Baden-Württemberg). They first employed six people on the same number of sewing machines. That number rose to 150 people in 1890, and in 1894 their first exports were sent abroad, to England. It was only in 1902 that Spieshofer and Braun registered the ''Triumph'' brand, which wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MAS Holdings
MAS Holdings, the largest apparel tech company in South Asia, is among the most recognized design-to-delivery solution providers in apparel and textile manufacturing across the world. The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean, deriving its name from the initials of the three brothers MAS Holdings began as an intimate apparel manufacturer and later diversified into sportswear, performance wear and swimwear. Today, the MAS portfolio has expanded into brands, wearable technology, FemTech, start-ups and industrial parks. The organization is home to a community of 118,000 people, spanning across 57 manufacturing plants in 17 countries, with established design locations in Colombo as well as in key style centers around the world, including New York, London and Hong Kong. Over 30 years of operations, MAS has gained global recognition for its product excellence and craftsmanship, showcasing innovative design capabilities that are revolutionizing the apparel and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita Apparel Exports To US
Per is a Latin preposition which means "through" or "for each", as in per capita. Per or PER may also refer to: Places * IOC country code for Peru * Pér, a village in Hungary * Chapman code for Perthshire, historic county in Scotland Math and statistics * Rate (mathematics), ratio between quantities in different units, described with the word "per" * Price–earnings ratio, in finance, a measure of growth in earnings * Player efficiency rating, a measure of basketball player performance * Partial equivalence relation, class of relations that are symmetric and transitive * Physics education research Science * Perseus (constellation), standard astronomical abbreviation * Period (gene) or ''per'' that regulates the biological clock and its corresponding protein PER * Protein efficiency ratio, of food * PER or peregrinibacteria, a candidate bacterial phylum Media and entertainment * PeR (band), a Latvian pop band * ''Per'' (film), a 1975 Danish film Transport * IATA cod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Carolina
North Carolina () is a state in the Southeastern region of the United States. The state is the 28th largest and 9th-most populous of the United States. It is bordered by Virginia to the north, the Atlantic Ocean to the east, Georgia and South Carolina to the south, and Tennessee to the west. In the 2020 census, the state had a population of 10,439,388. Raleigh is the state's capital and Charlotte is its largest city. The Charlotte metropolitan area, with a population of 2,595,027 in 2020, is the most-populous metropolitan area in North Carolina, the 21st-most populous in the United States, and the largest banking center in the nation after New York City. The Raleigh-Durham-Cary combined statistical area is the second-largest metropolitan area in the state and 32nd-most populous in the United States, with a population of 2,043,867 in 2020, and is home to the largest research park in the United States, Research Triangle Park. The earliest evidence of human occupation i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sri Lankan Garment Workers
Shri (; , ) is a Sanskrit term denoting resplendence, wealth and prosperity, primarily used as an honorific. The word is widely used in languages of South Asia, South and classification schemes for Southeast Asian languages, Southeast Asian languages such as Marathi, Malay language, Malay (including Indonesian language, Indonesian and Malaysian language, Malaysian), Javanese language, Javanese, Balinese language, Balinese, Sinhala language, Sinhala, Thai language, Thai, Tamil language, Tamil, Telugu language, Telugu, Hindi language, Hindi, Nepali language, Nepali, Malayalam language, Malayalam, Kannada language, Kannada, Sanskrit, Pali, Khmer language, Khmer, and also among Philippine languages. It is usually transliterated as ''Sri'', ''Sree'', ''Shri'', Shiri, Shree, ''Si'', or ''Seri'' based on the local convention for transliteration. The term is used in Indian subcontinent and Southeast Asia as a polite form of address equivalent to the English "Mr." in written and spoken l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Labour Organization
The International Labour Organization (ILO) is a United Nations agency whose mandate is to advance social and economic justice by setting international labour standards. Founded in October 1919 under the League of Nations, it is the first and oldest specialised agency of the UN. The ILO has 187 member states: 186 out of 193 UN member states plus the Cook Islands. It is headquartered in Geneva, Switzerland, with around 40 field offices around the world, and employs some 3,381 staff across 107 nations, of whom 1,698 work in technical cooperation programmes and projects. The ILO's standards are aimed at ensuring accessible, productive, and sustainable work worldwide in conditions of freedom, equity, security and dignity. They are set forth in 189 conventions and treaties, of which eight are classified as fundamental according to the 1998 Declaration on Fundamental Principles and Rights at Work; together they protect freedom of association and the effective recognition of the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Institute Of Management Accountants
The Chartered Institute of Management Accountants (CIMA) is the global professional management accounting body based out of the UK. CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountants working in the industry and provides ongoing support and training for members. CIMA is one of the member of professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest and the oldest management accounting body in the world with 115,000 members and 6,500 CGMA students in 2020. CIMA is also a member of the International Federation of Accountants. The Chartered Global Management Accountant ( CGMA) qualification has the academic standing of a master's degree in the United Kingdom (Level 7 by NARIC) History CIMA was formed in March 1919, as the Institute of Cost and Works Accountants, by a group of legal professionals and businessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
