Textile & Garments

Wage earning workers have felt the brunt of COVID-19 outbreak in the country as their incomes have shrunk the most amid the crisis, according to a study conducted by the Centre for Policy Dialogue.

Global pandemic has made a significant dent in the apparel retail industry, forcing the mass closures of retail stores and Bangladesh is not an exception. As COVID-19 continues to wreak havoc across Bangladesh, the outlook for the country’s shrinking fashion industry remains bleak with the pandemic once again dealing a …

‘This is a challenging time for the world, for Bangladesh and particularly for the apparel sector due to the prolonged Covid-19 pandemic’

Sammilita Parishad led by Giant Group managing director Faruque Hassan has swept the biennial election to Bangladesh Garment Manufacturers and Exporters Association, bagging 24 out of 35 director posts. 

Bourses to continue trading if banks remain open

70 candidates from two panels – Sammilita Parishad and Forum- will vie for the posts of 35 directors of the BGMEA

Nine major apparel manufacturing countries, including Bangladesh, have joined hands to improve prices paid by international retailers and brands, prompted into action by bad experiences since the pandemic’s emergence.

The country’s readymade garment factories will run their operations as usual but the units will have to follow the Bangladesh Garment Manufacturers and Exporters Association’s health safety protocol strictly amid the recent surge in COVID-19 infection cases, BGMEA president Rubana Huq said.

Bangladesh’s attractiveness as an apparel-sourcing destination has remained potent despite increased competition in recent years, according to a new survey of management consulting firm McKinsey & Company.

International retailers and brands are again demanding unusual deferral payment from local apparel suppliers, the second time in a year, saying sales have dropped after Western nations reimposed lockdowns and tougher restrictions because of a surge in coronavirus infections.