Home Business & Finance EDB Promotes Sri Lanka Apparel in France to maximize benefits under GSP+

EDB Promotes Sri Lanka Apparel in France to maximize benefits under GSP+

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Export Development Board(EDB) in its efforts to increase apparel exports to European Union(EU),  organized  an apparel promotion programme in France by participating at the  “Apparel Sourcing Paris 2018” which is the  leading sourcing trade fair held in Europe for the second consecutive year in collaboration with the Sri Lanka Embassy in France.

Sri Lanka’s first participation at this fair was organized in September 2017 with the participation of 8 Sri Lankan companies. As a result of meetings at the  2017 fair, a  buyer from Spain  visited Sri Lanka  to further strengthen the relationships and have placed orders for manufacture for  3 Spanish brands . Orders to the value of US $ 200,000/- (Rs. 34 Mn approx..) has been executed.   A German buyer also visited Sri Lanka and the  company is continuing with a Summer order of US $ 40,000/- ( Rs. 7 Mn approx..). A Summer Order worth US $ 150,000/- (Rs. 26 Mn approx.) has been executed for a UK buyer.

During this event, EDB promoted a new sector , “Sri Lanka fashion designing”  by  promoting  designs and brands of 3 Sri Lankan fashion  designers at the Sri Lanka catwalk held parallel to the main show. That was the first time EDB provided the opportunity for Sri Lankan designers to promote individual design labels and brands in the international market which would open up opportunities for bringing more foreign exchange to the country.

The objective of participating at this show was to get maximum advantage to promote Sri Lanka apparel and other products to regain the lost opportunities and increase exports to EU, through GSP+. With this objective, EDB organized Six Sri Lankan companies and two designers participation at the Apparel Sourcing Paris 2018 held at the Paris Le Bourget Exhibition Centre. Screenline Holdings Pvt Ltd, JIA Moda Pvt Ltd.,  Stylish Garments Pvt Ltd., Bernard Botheju Industries Pvt Ltd, EL Holdings Pvt Ltd, Kuga Holdings Pvt Ltd and designers  Ajai Vir Singh and Darshi Keerthisena  showcased and promoted their products at the show. Opportunity to source from Sri Lanka with  GSP+ concessions  was highlighted to the buyers visiting the pavilion.

A Sri Lanka conference and Sri Lanka catwalk were also organized parallel to the fair. Products of two designers were also selected to promote at a special catwalk of  Eymeric François, Catwalk Art Director.                                                                                                                                                                                                                         Sri Lankan companies had the opportunity to meet several European buyers from Spain, UK, Poland, and France and received good response on the quality of the products manufactured in S

ri Lanka. Sri Lanka’s presence for the second time helped the buyers to strengthen relationships with the Sri Lankan companies who have commenced work with the buyers following the first meeting in 2017. Buyers went to the extent of introducing new buyers to the Sri Lankan companies which showed the confidence placed on Sri Lankan companies.

Apparel Sourcing Paris is Europe’s leading sourcing trade fair, offering wide and consistent supplying possibilities for clothing: knitwear, casualwear, sportswear, outerwear, corporate wear, children wear and fashion  accessories. The trade fair  is one of the best options for Sri Lankan apparel sector to improve their market share, not just in France but all over Europe. A  large number of buyers from UK, France, Turkey, Spain, Italy and Germany visited the fair.

Combined with three other events i.e. Texworld Paris , Shawls& Scarves Paris, Avantex Paris, the Apparel Sourcing Paris attracted  majority  exhibitors from China. The other countries that exhibited at the fair included India, Pakistan, Vietnam, Bangladesh, Taiwan, Thailand etc. The Fair displayed a wide range of fashion products from the major manufacturing countries of Bangladesh, China, Cambodia, Korea, India, Indonesia, Sri Lanka, Taiwan, Thailand, Turkey, and Pakistan. Leather World Paris , a new fair dedicated for the leather industry  was also organized for the first time parallel to the other 4 shows to promote a  range of leather garments,  accessories such as bags, shoes, and other fashion products.

An order worth US $ 800,000 (approx. Rs. 145 Mn) is in the process of manufacturing after finalizing samples developed as per buyers requirements which is expected to be shipped within the next 3 months. Several new orders are under negotiation and participants are confident of converting them into confirmed orders in the future.

Continuous participation at Apparel Sourcing Paris has benefitted the exporters and designers immensely to understand the market, its requirements, trends and win the confidence of buyers which will result in bringing more business to the country. The continuation of Sri Lanka’s participation at the fair is important in making Sri Lanka more visible to the buyers who are looking for new partners for sourcing, maximizing  on the GSP+ concessions and consolidating Sri Lanka’s position in the long term.