- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Dhaka Bangladesh
- IPO Date
- Mar 23, 2016
- Business
- Dragon Sweater & Spinning Ltd. is a Bangladesh-based export-oriented composite textile manufacturer engaged in the spinning of yarn and the production of ready-made knitwear and winter apparel. Founded in 1999 and headquartered in Dhaka, Bangladesh, the company operates as a subsidiary of the Dragon Group and is publicly listed on the Dhaka Stock Exchange. Dragon Sweater & Spinning Ltd. operates integrated manufacturing and spinning infrastructure, maintaining an industrial complex situated in Comilla along the Dhaka-Chittagong Highway.
The company's core product and service portfolio comprises: spinning and supply of yarns, including 100% acrylic yarns, acrylic-wool blended yarns, cotton-acrylic blended yarns, and specialized synthetic blends; manufacturing of readymade knitwear, including pullovers, cardigans, round-neck sweaters, V-neck sweaters, sweater shirts, and knitted vests across fine, medium, and coarse gauges (ranging from 1.5GG to 14GG) for men, women, and children; production of knitted winter accessories, including beanies, caps, scarves, and socks; and value-added manufacturing and processing services, including yarn dyeing, jacquard knitting, computerized pattern design, linking, trimming, garment washing, quality inspection, and custom packaging.
Dragon Sweater & Spinning Ltd. operates on a 100% export-oriented basis, catering to international fashion brands, private labels, and retail apparel distributors. Its primary export markets span North America, Europe, Latin America, and the Asia-Pacific region, with major destination markets including the United States, Canada, the United Kingdom, Germany, France, Italy, Mexico, Brazil, Chile, Australia, and Japan.
In recent strategic and operational developments, Dragon Sweater & Spinning Ltd. enhanced its composite manufacturing capacity through the acquisition and integration of a 36,000-spindle cotton spinning unit, complementing its existing 20,000-spindle acrylic mill to scale production of cotton-acrylic blended yarns for both internal garment manufacturing and third-party textile mills. The company has also focused on technological modernization across its facilities, deploying advanced computerized flat knitting machines and entering into strategic industry collaborations to advance production efficiency, workforce skills, and sustainable operational compliance across its supply chain.