Sri Lanka is cashing in on distressed jeans.
source: http://www.thedailystar.net/2007/08/13/d70813050569.htm
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Jeans are a closet must-have. In Sri Lanka, basic 5 pocket denim jeans cost $6 dollars to make and 13 minutes to cut and sew on the pockets, but takes 4 days and cost $12 dollars to distress them. Sri Lanka's three-billion dollar garment industry is more than half its annual seven billion dollars of export earnings providing jobs for nearly one million people. Nearly all the garments are shipped to the United States and the European Union. "In an attempt to get an advantage over the competition, Sri Lanka is trying to position itself as an ethical manufacturer in the hope of getting greater access to the US and European markets at lower duty rates. 'We have high labour standards. We don't employ child labour, we provide rural employment and we empower women. There are no anti-dumping cases against us on trading practices," said Suresh Mirchandani, chief executive of Favourite Garments.'" Striving towards better business practices abroad- a plus! There is a long way to go regarding fair labor practices overseas, but improvements are positive. The $250 dollar retail cost of jeans that cost $12 to make- OUTRAGEOUS.
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shirin88
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Wow...damn! Now I feel guilty for my unhealthy love of expensive denim.
- 4 years ago
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shirin88
