A Sustainable Supplier Specialized in Small, Customized Orders
While most mills and manufacturers are looking to scale up, one unique Indonesia mill is trimming unnecessary capacity in order to focus on improving quality.
“We are a ‘boutique’ factory that can do more personalized orders. We really cater to those small to medium sized brands that have more detailed orders,” said Michelle Tjokrosaputro, owner of Dan Liris, explaining that around 60 percent of the company’s orders are for less than 200 pieces and can be even a lot smaller than that.
Although Dan Liris specializes in smaller orders their annual output is quite sizable producing 7.5 million garments each year. That’s supported by 39.5 million meters per year of dyeing and printing capacity.
Summer will be a test of whether consumer demand continues to surge or whether the entertainment and hospitality will finally get their share of consumer spending.
LOGISTICS
Though container rates have climbed on all major lanes in the last few weeks, those with exposure to the Suez are still feeling the sting more, according to Freightos.
Ocean rates from Asia to the Mediterranean have increased 23% in May to nearly $10,000/FEU, and Asia-US East Coast and Mediterranean prices climbed 18% each, compared to “only” a 10% increase to the US West Coast.
PODCAST
In this episode Colin Hunter, CEO of Potential Squared talks about why leaders shouldn’t be afraid to fail. And why embracing failure empowers people to take a more creative and innovative approach to problem solving.
SUSTAINABILITY
Crystal International Group (Hong Kong) has launched its eco denim collection – Second Life. The collection uses recycled denim fabrics and sustainable materials to minimise wastage and reuse materials, achieving a circular denim business model.
Indorama Ventures (Thailand) has acquired the rPET assets of CarbonLite Holdings LLC (USA). CarbonLite has a combined capacity of approximately 92 kilotons per annum of rPET pellets and flakes.
MATERIALS
China’s State Council said more effort needs to be taken to prevent rising commodity prices from being passed through to consumers, according to reports in state media.
- China’s factory gate prices rose at the fastest pace in more than three years in April, adding to global inflation risks.
- The government has vowed to crack down on speculation and hoarding.
TRADE
India-US talks on a limited trade deal, started under the Trump administration, but have made little progress under the Biden administration.
Beijing has stressed the importance of developing bilateral trade with the U.S.
The second phase of the China-Pakistan Free Trade Agreement has come into effect. The China-Pakistan Economic Corridor (CPEC) has helped support much needed development of infrastructure and roadways in Pakistan.
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