About 1,500 factories in Bangladesh are on track to be inspected by the end of August as part of a five-year safety pact signed by more than 150 clothing brands and 20 countries, according to organizers of the agreement.
In a conference call Monday, organizers said inspections were performed on 10 factories last November and December, and by the end of March, 250 inspections will have been completed. About 250 inspections are expected to be conducted each month. The inspections have started with the high-risk buildings that have more than five floors, reports AP.
Indian textile businessmen are focusing on increasing the country’s market share in Bangladesh to offset the impact created by China in last few years, say industry experts.
“Bangladesh is a natural trading textile partner for India. But for last two years, China is increasingly consolidating its footsteps in the Bangladeshi markets,” Sanjay Murarka, partner of Kolkata-based FM Textile Private Limited, told PTI yesterday on the sidelines of the ongoing International Ethnic Week (IEW) Goa 2014.
American Apparel—the controversial retailer known for its outspoken CEO and its provocative advertisements—has unveiled its latest campaign. The ad features a topless model of South Asian descent, with the words ‘MADE IN BANGLADESH’ boldly printed across her chest and a detailed account of her background.
“[Maks] is a merchandiser who has been with American Apparel since 2010. Born in Dhaka, the capitol of Bangladesh, Maks vividly remembers attending mosque as a child alongside her conservative Muslim parents. At age four, her family made a life changing move to Marina Del Rey, California. Although she suddenly found herself a world away from Dhaka, she continued following her parent’s religious traditions and sustained her Is...
Bangladesh has overtaken India in readymade garment exports despite the recent setbacks it received like instances of building collapses and fire at manufacturing units, says a study by Exim Bank.
Between January and October 2013, readymade shipments by Indian exporters to the US grew 6.3% to $3.2 billion, while the same by Bangladesh jumped 11.4% at $4.9 billion, the premier export finance agency said.
"In the absence of latest data, imports by the US are a very good benchmark of understanding the latest trends. Bangladesh has been aggressively pushing the garment exports and has made a slew of policy changes to facilitate those," Exim Bank chief general manager Pra...
The exports of Bangladesh ready made garments increased by 20.73 percent in the first five months of the current fiscal year 2013-14 to US$ 9.653 billion, as against exports of US$ 7.995 billion made during the corresponding period of previous fiscal, the data from the Export Promotion Bureau (EPB) showed.
Knitwear exports registered US$ 4.899 billion during July-November 2013 period, showing a year-on-year increase of 20.48 percent over exports worth US$ 4.066 billion made during the same period last year.
![Workers sort clothes at a garment factory near the collapsed Rana Plaza building in S...
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