Apparel Industry growing in the Vietnam

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Apparel Industry growing in the Vietnam

Postby Guest » Sat Nov 21, 2009 4:07 am

The apparel and textile industry in Vietnam has overtaken crude oil as that country's No. 1 export.

During the first 10 months of this year, Vietnam shipped $7.5 billion in apparel and textiles to primarily the United States and Europe, according to the Vietnamese General Statistics Office.

Vietnam's apparel manufacturing sector has grown rapidly ever since the U.S. government early this year stopped monitoring Vietnamese apparel coming into the United States. The Bush administration feared that Vietnam would dump apparel goods on the U.S. market and started closely watching import prices in 2007 to determine whether anti-dumping duties should be imposed.

The Department of Commerce held six-month reviews of five different apparel products-trousers, shirts, underwear, shirts, swimwear and sweaters-but found no signs of dumping.
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Apparel lead notably in poverty elevation

Postby Guest » Sat Nov 21, 2009 11:39 am

Raiment industry of Fiji is offering a significant contribution in poverty elevation of the country by employing around 4,000 workers and supporting over 8,000 people below poverty line.

It will help the sector to improve its presence and penetration in the markets such as Australia, New Zealand and the US, and to achieve the target of bringing in $150 million revenue per year so well as to employ more than 6,000 people.

The industry also recommends a new scheme to establish sewing works in a bid to employ women, who are currently on welfare, to make them independent and also to support local people to cross over the poverty level.
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Postby BillParker » Sat Nov 21, 2009 11:57 am

ah...

But the burning question in my mind, is....

WHAT KIND OF MODEL AIRPLANES DO THEY BUILD? (In Viet Nam...)

I bet they're Guillow's...

:twisted:
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http://www.parkerinfo.com/ap.htm bparker@parkerinfo.com
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Re: Apparel lead notably in poverty elevation

Postby dbcisco » Sat Nov 21, 2009 1:08 pm

jackmorres wrote:...achieve the target of bringing in $150 million revenue per year...


That is the budget for one year for a single U.S. public school district.
Not a very big goal. Am I missing something?
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Postby John G Jedinak » Sat Nov 21, 2009 1:44 pm

C'MON>>>>>>>>>THIS A MODELING SITE!!!!!
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Postby dbcisco » Sat Nov 21, 2009 1:58 pm

Sorry. I was going to ignore this thread but the $ amount got the best of my curiosity.
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My plane is supposed to fly but doesn't.
Balances out doesn't it : )
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Postby dbcisco » Sat Nov 21, 2009 1:59 pm

Does Vietnam grow balsa? There's their easy $150 million per year.
Problem solved and back on a proper topic. :D
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Balances out doesn't it : )
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Postby cliffm » Sun Nov 22, 2009 1:11 pm

Interestingly for me my wife is looking for a new set of shoulder straps to carry her double "D's" around , but she's not doing it on this forum.
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Postby dbcisco » Sun Nov 22, 2009 1:29 pm

cliffm wrote:Interestingly for me my wife is looking for a new set of shoulder straps to carry her double "D's" around , but she's not doing it on this forum.


Are they D.Vs or D.VIIs ? I have a pair of Dr.1s. :lol: :lol:
A bumblebee isn't supposed to fly but does.
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Balances out doesn't it : )
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American Apparel Profit On Year-Earlier Merger Costs

Postby Guest » Sun Nov 22, 2009 3:14 pm

American Apparel Inc. (APP) third-quarter earnings jumped 78% after year-earlier stock compensation related to a 2008 merger depressed margins. Meanwhile, sales continued to remain week for the casual-clothing retailer.

American Apparel reported a profit of $4.2 million, or 5 cents a share, from $2.3 million, or 3 cents a share, a year earlier. A year earlier, the period included merger-related compensation expenses, excluding which earnings were 16 cents a share.

Revenue decreased 2.9% to $150.3 million, as same-store sales dropped 16% on a so currency basis.

Gross margin leapt nine percentage points to 58.1%, and rose only slightly from last year's margin excluding merger expenses of 57.6%.
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Postby John G Jedinak » Sun Nov 22, 2009 4:38 pm

Jack...you are NOT welcome...get it!!!!! John G. Jedinak
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Postby mark » Mon Nov 23, 2009 10:51 am

That user "jackmorres" has been DELETED as a SPAMMER. Sorry about him getting thru.

Regards,
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Postby John G Jedinak » Mon Nov 23, 2009 10:58 am

Thank you Mark.........JGJ
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