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Oct 13, 2022 · October 13, 2022 | 12:34 am. REUTERS. THE PHILIPPINE garments industry is struggling amid a slump in global demand, warning of temporary closures and more worker layoffs in the next few months.
Feb 19, 2023 · February 19, 2023, 7:45 pm. - Advertisement -. The local garments industry expects exports to jump 50 percent in 2023 to $1.5 billion from $1 billion in 2022 amid the emerging global developments, the Foreign Buyers Association of the Philippines said over the weekend.
Mar 14, 2022 · 2 minute read. FILE – National Museum of Anthropology Philippine textile dye chart. DESPITE persisting global challenges worsened by the Russia-Ukraine conflict, the country’s garment and textile exports this year may expand by almost half to $1.5 billion as the industry is keen on filling up supply gaps by other producers.
Jan 17, 2022 · January 17, 2022 | 12:00am. MANILA, Philippines — Employers and labor groups are calling on the Department of Trade and Industry (DTI) to update the roadmap for the textile and garment...
- Louella Desiderio
Mar 16, 2022 · 16 Mar '22. 2 min read. Pic: Shutterstock. The value of garment and textile exports from the Philippines this year may expand by around 50 per cent to $1.5 billion as the industry is keen on...
Highlights. Revenue in the Apparel market in the Philippines is projected to reach a staggering US$5.17bn in 2024. This market is anticipated to experience a steady annual growth rate of 2.60%...
2023 key trends. Being a tropical country, swimwear, beach clothes, and summer clothes are always available and on-trend in the Philippines. However, coming out of the COVID-19 crisis, there has been more demand for these types of clothing as more people are going to beaches such as Boracay, Siargao, and Palawan.