British Multinational Retailer Company Marks and Spencer will increase their imports from Bangladesh to one billion dollar, said Stephen Joseph Rowe, CEO of Marks and Spencer.
“Now, the garments owners are more proactive about protecting the production environment, but previously they were not. This is a big change in the garment sector”, he added.
“It’s a new opportunity for Bangladesh, but we have to ensure delivery as per their expectation,” said Siddiqur Rahman, President of BGMEA. He also said, “We hope in the future, M&S will take more than billions from Bangladesh.”
Currently M&S is taking $800 million garments import from Bangladesh each year.