What Bangladesh apparel can look forward to in 2021
The unprecedented effects of Covid-19 have shaken worldwide economies and supply chains. Bangladesh, India, Pakistan, Cambodia, Vietnam, Indonesia, Myanmar and the Philippines – all key
Category : Editorial
Editorial of each month
Lower prices of products in face of pandemic: ways to tackle
Though the second wave of Covid-19 is causing alarm for the people, it created expedience for the external buyers of the second-largest apparel goods producer
HomTex expanding to Selma to produce PPE
Alabama based HomTex Inc. received $10,572,100 in COVID-19 Aid, Relief and Economic Security Act (CARES Act) funds to expand operations to Selma in Dallas county
Bangladesh gets US$256.5mn fund from GCF
Green Climate investment (GCF) fund was granted US$256.5 million for Bangladesh to promote the private sector and give a major boost to finance from the
Factory owners should invest more in R&D for product diversification
During this COVID-19 pandemic, previously unthinkable changes have happened in the fashion apparel industry. Especially among the apparel brands. For instance, with a massive shift
Outdoor Research face mask
With COVID-19 pandemic in full pace, fashion brand Outdoor Research has bought its protective textile face mask. It is a fully adjustable, highly breathable, and
Declaring bankruptcy by brands: Need a fair and ethical business model
Businesses can easily be compared to a roller coaster ride full of emotions and stresses. One of the main responsibilities that befalls upon a business
The foreign buyers are coming back
New work orders are coming to the Bangladesh apparel industry. Many factories have received enough orders to work until September. As a result, the apparel
Bangladeshi apparel makers suffer severe work order shortage
Bangladeshi apparel makers book only 35% orders of its production capacity for July-Dec of 2020 Since the global retailers are placing fewer work orders due
Li & Fung dismisses 70% procurement staff in HK
Now-private Li & Fung has started slashing around 70% staff at the procurement department in Hong Kong since last week, affecting hundreds of people.
