PHILIPPINES: US Buyers To Spend $103 Million On Apparel
US companies including Baby Togs, Ann Taylor and Perry Ellis/Salant have placed orders worth at least $103 million (P5.25 billion) with Philippine garment manufacturers over the next 12 months. Leading the pack is Liz Claiborne, which is looking to spend around $59.6 million on locally produced apparel, an increase of 15 per cent on last year's $51.8 million. The flood of new business follows a recent sales drive organised by The Garments and Textiles Export Board (GTEB).
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