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# Buying House

Two buying houses shut operations in Gurgaon (India)

Some of the garment industry players, who were prominently involved in dealing with the overseas markets, are facing a tough time due to economic sluggishness there. This uncertainty in global market has also affected few buying houses in India, forcing them to shut operations. As small- and medium-sized exporters are struggling to survive, things are getting critical for buying agencies too. Recently, two buying houses from Gurgaon closed their business operations. One is Raghaw International, […]

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Finding a niche in sourcing, the only way to survive for small buying houses

Out-of-the-box thoughts and the zeal to excel make Araf Tex Mode and Macrostyle the two enterprising companies in the cluster of several buying houses in Bangladesh. Their flexibility in accepting even small orders and also their thrust to explore new markets in future is the reason for their survival. Lutfor Rahman, CEO of Araf Tex Mode and Mohammad Atiqur Rahman, Director of Macrostyle in an exclusive interaction with the team of Apparel Online elucidate about […]

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Indian buying agency TQM to tap garment and accessories sections

TQM Global Buying, a Noida-based sourcing agency, is aiming to foray into garment and accessories sections. Earlier, it was dealing only in home furnishing segment. Sanjeev Jain, President of the company shared with Apparel Resources, “We need to expand our reach throughout the world and this step is in that context only. We believe in always having a bucket full of opportunities and never relying on one market only.” The sourcing agency, which has a […]

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ISQAA Sourcing targeting new growth opportunities

Gurgaon (India)-based buying house, ISQAA Sourcing, is aiming to source from more compliant factories, which are dedicated manufacturers of womenswear. In an exclusive talk with team Apparel Resources, Dhiraj Kapur, CEO, ISQAA Sourcing explained, “We currently have factories as a mix of compliant and semi-compliant set-ups; however, looking at our business expansions, we would need to engage factories with multiple compliance certifications and accreditation for easy flow of merchandise.” Also Read – McCoy Sourcing India venturing […]

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Supreme Group hosts cricket tournament for apparel industry

Cricket is a religion in India and with IPL still on, apparel buying houses as well as their liaison offices are also coming together to play the game. Organized by Supreme Nonwoven Industries (Supreme Group), Gurgaon, FICE CUP (Fashion Industry Cricket Encounter) is witnessing some very interesting matches. 8 teams of buying houses/liaison offices like Li & Fung, LRBD (ITC), Asmara, Next, New Times, Triburg, John Lewis, and Sears have participated in the contest which is […]

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Threads Incorporation Buying Services’ new product categories will give buyers an extra edge

Threads Incorporation Buying Services, a Delhi-based buying agency, dealing primarily in ladieswear and kids segment, is now planning to expand its product range and aiming to introduce home furnishings and hard goods. The buying agency, established in 2004, is catering to the European market majorly and also eyeing on the US to grow its footprints further in the industry. Amit Vohra, President, Threads Incorporation Buying Services informed Apparel Online, “We are targeting home furnishings in […]

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Buying houses want to work with Jaipur, but…

In last edition of Apparel Online, we highlighted reasons why none of the apparel exporters of Jaipur has achieved the magical turnover of Rs. 100 crore. One of the main reasons according to the industry is that top buying houses do not prefer to work with Jaipur and in fact many have actually said ‘no’ to offers that would allow them the advantage of price. Responding to this article, some of the Gurgaon-based buying houses […]

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Small- and medium-level companies moving forward in garment industry

Many small- and medium-level companies of Mumbai are entering the garment segment, as well as expanding or moving towards in-house manufacturing. August Clothing, a shirt manufacturer of Mumbai is installing 100 stitching machines in the next few months. Currently, the firm is outsourcing almost 2,000 pieces every month for export as well as domestic market. “Now we have enough experience of markets and despite overall challenges we are confident about more orders, so we decided to […]

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Kalp Exim shifting target segment

Change is constant…, and also a strategy for survival and growth. Mumbai-based 22 years old buying house Kalp Exim too adopted the same system to change. Earlier working mainly with wholesalers, the company is now focusing on working with resorts, spas and hotels and those who have their own outlets. In last eight months, it is able to add almost 50 such clients in three countries – Maldives, Mauritius and Bali. Working with 30 vendors […]

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Orange Blue Inspired… An initiative serving purpose of ‘bottom line’

Conceived just a year back – Orange Blue Inspired, which started manufacturing home line of products 4 months ago, has already shipped 6 styles of its various products. Despite all the difficulties of the market, this small initiative of four friends is in the right direction and expecting good growth in coming years. Working as a small manufacturer as well as a buying house, this unique company has a noble way of working – sharing […]

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DK Group’s motto: Client retention through service satisfaction

Predominantly a buying house with its own manufacturing facilities, DK Group, headed and managed by Syed A.Q.M. Zahid (Group Managing Director), is an 18-year-old entity that worked its way up from a humble beginning to owning a number of factories to produce denim jeans (2 million pieces per year) T-shirts (basic T-shirts – 40,000 pieces per day; fancy tees – 20,000 pieces per day, Polo T-shirts – 20,000 pieces per day) and sweaters (2 million pieces per month) […]

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Small exporters’ time to expand has come…

Bangladesh, known for producing and taking only bulk orders, is now gearing up to accept smaller orders with even the bigger companies jumping on to the bandwagon. The acceptance of small orders have taken a fresh turn as Government apathy and the recent terror attacks have adversely impacted the industry, putting the medium-level exporters on a back-foot, stalling expansion plans, while the bigger ones are moving faster towards small orders to fill capacities. In conversation […]

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The struggles of a small buying house in Bangladesh

Employing around 40-50 people and helmed by Didarul Islam as the Managing Director, INZ Sourcing Limited, a medium-sized buying house based out of Mirpur, Dhaka, which started operations in 2004, is experiencing the growing struggle in conducting day-to-day businesses. “Small factories are slowly getting out of equation due to the compliance and quality issues while bigger factories are only getting bigger and are reluctant to entertain small volume orders,” articulates Didarul. INZ Sourcing Limited deals […]

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Ex-Li & Fung VP, Manish Bharati exploring new avenues

After 12 years in various positions at Li & Fung sourcing office in Gurgaon, Manish Bharati has taken a sabbatical to explore new avenues. He joined the company as VP and Country Head – European Apparel Sourcing Business in 2004 and subsequently held the position of VP and Country Head – LF FASHION (Principal Business) and finally as VP – LF Private Label Asia (private label business), which is a recently created business group within Li & Fung […]

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Indochine International foresees huge opportunities in Vietnam

Two years ago global buying office Indochine International, which has its headquarters in China, strategically decided to substantially expand its operations in Vietnam after establishing its presence firmly in Bangladesh and Cambodia – the other two hubs of cost-effective apparel manufacturer in South-east Asia – along with presence extended into Myanmar, Sri Lanka and Ethiopia in recent years. Majorly sourcing for Newlook and other top UK retailers, the buying office is also sourcing garments for […]

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