Apex Spinning and Knitting Mills
Apex Spinning and Knitting Mills Limited is a Bangladesh-based, vertically integrated OEM manufacturer of knitted children's garments — Boy's, Girl's, and Baby Wear — producing approximately 3.0 million pieces per month for international fashion retailers including H&M, Walmart, George, Lindex, and Arket.
- Company typePublic
- Founded1990
- HeadquartersDhaka, Bangladesh
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Apex Spinning and Knitting Mills does
Apex Spinning and Knitting Mills Limited (ASKML) is a Bangladesh-based, vertically integrated textile and apparel manufacturer that produces knitted children's garments — Boy's Wear, Girl's Wear, and Baby Wear — for international fashion retailers under private-label OEM contracts. Founded in 1990 and headquartered in Dhaka, the company operates a single large-scale complex in Chandora, Kaliakoir, Gazipur, running 52+ production lines with a stated capacity of approximately 3.0 million pieces per month and a workforce of 5,995+ employees. Its manufacturing stack combines in-house spinning and knitting (a "truly vertical setup") with environmental and social-compliance infrastructure including an 8,400 m³/day biological wastewater treatment plant with zero-discharge provisions, ZDHC-compliant chemical management, waste-heat recovery systems, and a stack of buyer-mandated certifications (GOTS, OEKO-TEX, BSCI, GSV, GRS).
ASKML generates revenue through multi-year contract manufacturing for named enterprise buyers including H&M, Walmart, George, Lindex, and Arket, with pricing negotiated per order rather than publicly disclosed. The company is a publicly listed subsidiary of Apex Holdings Limited on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under ticker ASKML, with concentrated sponsor/director ownership (52.76%) as of March 2025. Its go-to-market is relationship-driven enterprise field sales targeting the procurement teams of global retailers, supported by sustainability credentials that meet buyer ESG and compliance mandates. A notable strategic partnership with the International Labor Organization on the Fair Wage Method positions the company within broader apparel-supply-chain transparency initiatives.
Apex Spinning and Knitting Mills firmographics
Firmographics- Name
- Apex Spinning and Knitting Mills
- Legal name
- Apex Spinning and Knitting Mills Limited
- Website
- https://apexknitting.com
- Company type
- Public
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Apex Spinning and Knitting Mills Limited is a Bangladesh-based, vertically integrated OEM manufacturer of knitted children's garments — Boy's, Girl's, and Baby Wear — producing approximately 3.0 million pieces per month for international fashion retailers including H&M, Walmart, George, Lindex, and Arket.
- Ownership category
- akta.pro rank
Apex Spinning and Knitting Mills industry classification
Industry- Product category
- Knitted Garment Manufacturing
- NAICS
- Knit Fabric Mills (31324), Apparel Knitting Mills (315120)
- SIC
- Knitting Mills (2250)
- akta.pro primary industry
- Knitted Fabric Mills (IMAOABAB)
Keywords
Where Apex Spinning and Knitting Mills is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices2 records
Markets served
Apex Spinning and Knitting Mills business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Garment Manufacturing: OEM/contract manufacturing of private label garments for international fashion retailers. Production of boyswear, girlswear, and baby wear for global brands under their brand specifications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Private label OEM manufacturing contracts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Apex Spinning and Knitting Mills product offering
Product offeringCore offering
Apex Spinning and Knitting Mills Limited is a vertically integrated textile manufacturer that produces private-label knitted garments — specifically boy's wear, girl's wear, and baby wear — for international fashion retailers. The company operates combined spinning and knitting facilities at Gazipur, Bangladesh, with a monthly production capacity of 3.0 million pieces across 52+ production lines, and supplies global brands such as H&M, Walmart, George, Lindex, and Arket under OEM contracts.
Product overview
Apex Spinning and Knitting Mills Limited is a vertically integrated textile and apparel manufacturing company that produces knitted garments. The company's product portfolio includes Boy's Wear, Girl's Wear, and Baby Wear categories, all manufactured through its vertically integrated spinning and knitting operations with a production capacity of 3.0 million pieces per month across 52+ production lines.
Differentiator
Problem solved
Functional benefit
Products and services
- Boy's Wear Knitted garments designed for boys, produced through vertical spinning and knitting manufacturing processes for international fashion retailers' private label programs.
- Girl's Wear Knitted garments designed for girls, produced through vertical spinning and knitting manufacturing processes for international fashion retailers' private label programs.
- Baby Wear Knitted garments designed for infants, produced through vertical spinning and knitting manufacturing processes for international fashion retailers' private label programs.
Companies that use Apex Spinning and Knitting Mills
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Apex Spinning and Knitting Mills technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Apex Spinning and Knitting Mills partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- International Labor Organization (ILO)coreJointly developed the Fair Wage Method wage management system with ILO to address wage disparity challenges in the global garment manufacturing sector. This collaboration focuses on improving wage practices and transparency in the apparel industry supply chain.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Apex Spinning and Knitting Mills competitors and assessment
Company assessmentDirect peers
- DBL Group: Diversified Bangladeshi textile and apparel manufacturer with significant knitting and garment capacity serving global retailers — directly comparable scale and OEM orientation.
- Saitex International: Vietnam-based denim and knit garment manufacturer supplying global fashion brands with strong sustainability positioning; comparable OEM model and ESG-led buyer relationships.
- Beximco Textiles: Bangladesh-listed vertically integrated textile and garment manufacturer producing knit and woven fabrics for global apparel brands; closest domestic comparable to Apex in scale, product mix, and export-oriented OEM model.
- Esquel Group: Hong Kong-headquartered vertically integrated cotton spinner, knitter, and garment maker with global production; directly comparable vertical-integration model and tier-1 customer roster.
- Square Textiles: Bangladesh-listed spinning, knitting, and dyeing manufacturer serving major Western apparel buyers; directly comparable in vertical integration and private-label OEM positioning.
- Epyllion Group: Bangladesh-based vertically integrated knit garment conglomerate with comparable spinning-to-garment operations and a tier-1 international customer roster.
Broad incumbents
- Inditex (Zara): Spain-listed fast-fashion incumbent with an extensive private-label supplier network that sources from Bangladeshi manufacturers like Apex; relevant as a customer-side comparable and benchmark for buyer compliance standards.
- Hanesbrands: US-listed global apparel company and a major OEM customer for Bangladesh garment makers including Apex; comparable product categories (basics, innerwear) though operates as brand owner rather than pure manufacturer.
Regional players
- Pacific Textiles Holdings: Hong Kong-listed knit fabric manufacturer with extensive China and Vietnam production serving global apparel brands; comparable in knit fabric focus but operating from a different geography.
- Fountain Set (Holdings): Hong Kong-listed circular knit fabric manufacturer with China, Vietnam, and Cambodia operations; comparable in knit fabric OEM model serving global apparel brands.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Apex Spinning and Knitting Mills compliance and trust
Trust signalCompliance7 records
Apex Spinning and Knitting Mills financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apex Spinning and Knitting Mills leadership team
Management profileNumber of profiles
Profiles1 record
Apex Spinning and Knitting Mills funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apex Spinning and Knitting Mills M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Apex Spinning and Knitting Mills
What does Apex Spinning and Knitting Mills do?
Apex Spinning and Knitting Mills Limited is a vertically integrated textile manufacturer that produces private-label knitted garments — specifically boy's wear, girl's wear, and baby wear — for international fashion retailers. The company operates combined spinning and knitting facilities at Gazipur, Bangladesh, with a monthly production capacity of 3.0 million pieces across 52+ production lines, and supplies global brands such as H&M, Walmart, George, Lindex, and Arket under OEM contracts.
Is Apex Spinning and Knitting Mills a public or private company?
Apex Spinning and Knitting Mills is a public company. It is classified as public and is currently operating.
When was Apex Spinning and Knitting Mills founded?
Apex Spinning and Knitting Mills was founded in 1990. It employs 5,001 to 10,000 people.
Where is Apex Spinning and Knitting Mills based?
Apex Spinning and Knitting Mills is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Apex Spinning and Knitting Mills make money?
One revenue line is on record: garment Manufacturing.
Who are Apex Spinning and Knitting Mills's main competitors?
Direct peers on record are DBL Group, Saitex International, Beximco Textiles, Esquel Group, Square Textiles and Epyllion Group. Broad incumbents are Inditex (Zara) and Hanesbrands. Regional players are Pacific Textiles Holdings and Fountain Set (Holdings).
Does Apex Spinning and Knitting Mills have an API?
No public API is recorded for Apex Spinning and Knitting Mills.
What industry is Apex Spinning and Knitting Mills in?
Apex Spinning and Knitting Mills's product category is Knitted Garment Manufacturing. Its primary akta.pro industry code is IMAOABAB, Knitted Fabric Mills. Its NAICS code is 31324 and its SIC code is 2250.