Prosperity Textile Announces Partnership with Envoy Textile Limited

TIME:12/10/2014 1:39:41



DHAKA, Dec 10, 2014 – Prosperity Textile (H.K.) LTD (“Prosperity Textile” or the “Company”), an industry-leading denim fabric

manufacturer, today announced that it has signed a Memorandum of Understanding (the “MOU”) with Envoy Textile Limited.

(“ETL”) to jointly development and manufacture denim fabrics in Bangladesh.


Under the terms of the MOU, Prosperity Textile will develop, manufacture and source denim fabrics through Envoy’s facilities.

Both parties also will work closely in product research, technology innovation, business operation and quality control.


“It’s a big step of Prosperity Textile’s global expansion strategy,” said Mr. Xiang Gu, General Manager of Prosperity Textile. “We

are excited to partner with Envoy Textile Limited in Bangladesh. By leveraging its state-of-the-art manufacturing facilities with

our proven expertise in product development and quality management, we have a unique ability to provide local collections to our

global clients, with excellent lead time, great quality and in-time service. We have setup office in Dhaka with six employees to

provide technical support, after-sales consultation and logistical solutions.”


Mr. Xiang Gu also added, “In 2015, we are looking forward to expanding our global manufacturing and operation network, to better

support our growing bases of customers in different regions.”