A group of 40 top Bangladeshi textile engineers and entrepreneurs have identified various challenges, inhibiting the growth of the textile and apparel industry in the country. The engineers met in Dhaka on March 3 under the banner of Textile Engineers – Entrepreneurs. This group identified
VF Corp, owner of garment brands like Vans, The North Face, Timberland, etc has extended its support for a programme that helps women garment workers re-enter employment who have lost their jobs as a result of increased automation. VF has confirmed it will offer a further grant to Shimmy Technologies, a women-owned social enterprise which, […]
Bangladesh’s economy was in ruins in the early 1970s. It had just won its independence from Pakistan in a nine-month war. It emerged as a very poor, densely populated country largely dependent on jute production and subsistence farming but unable to feed its people. “In 1974, it fell into a devastating famine. A World Bank […]
President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Faruque Hassan said the apparel industry in Bangladesh is a shining example of workplace safety in the world. Faruque Hassan was speaking at opening ceremony of the 9th International Fire Safety and Security Expo, where he added that workplace safety within garment sector is serving […]
The Bangladesh garment industry has sought China’s investment in textile backward linkage industries in Bangladesh that would benefit both sides. A delegation of the China Knitting Industrial Association and the China Cotton Textile Association met representatives of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently. The discussions
Bestseller and the H&M, both fashion retailing giants have pledged to invest in a 500 MW offshore wind power project in Bangladesh. The project is currently in the early-stage of development by the Copenhagen Infrastructure Partners’ (CIP) in collaboration with Summit Power and is expected to be operational in 2028. “Bestseller is aiming to reduce […]
Out of the 100 LEED certified garment factories in the world, 54 are now located in Bangladesh, which points to a commitment to green practices in the industry in the south Asian country. “The total number of Bangladesh clothing factories with LEED certificate now totals 206, which indicates the industry commitment towards greener initiatives,” Mohiuddin […]
Several global clothing brands have formally committed to increasing rates for their Bangladeshi garment suppliers to offset the hike in worker wages which comes into effect from January 1. “It’s quite encouraging that we have received formal letters from a few brands confirming their position to pay a price that absorbs the increase in wages,” […]
Bangladeshi garment factory SM Sourcing Ltd has been crowned as the world’s top LEED Green Factory ranking, by bagging an inspiring score of 106 out of a possible 110. Earlier this ranking was held by another Bangladesh garment manufacturing plant of Green Textiles Ltd with 104 points. The garment industry in Bangladesh has made impressive […]
The value addition in the Bangladesh garment industry has increased to 70.78 percent in the first fiscal quarter ending September 30, as per data of Bangladesh Bank, the central bank of Bangladesh. In comparison, the value addition in whole of fiscal 2023 was 65.97 percent, so the period between July and September 2023, indicates significant […]