Bangladesh garment exports last year rose 5.78 per cent year-on-year. Reason: Retailers are increasingly willing to shift orders from China. The latest numbers come as a boost for the sector, which in the past couple of years has been subject to a degree of backlash over its working conditions and labor rights following the twin disasters of Tazreen fire and Rana Plaza and subsequently some order diversions.
However, the recent clean chit given to more than 98 per cent of garment factories by two foreign inspection agencies, Alliance and Accord has reassured buyers, who are placing orders in bulk once again with confidence. Overall exports grew 4.33 per cent in December. Some $24.6 billion worth of garment products were exported in 2014 in contrast to $23.5 billion the year before. Garment exporters hope to enjoy the benefit of improved safety measures in 2015.
However, the re-emergence of political turmoil does not bode well for the sector. Factories need raw materials from home and abroad and supply is being cut off due to blockade. Shipments too are affected. Also, many small and medium factories, housed in shared buildings, are struggling for orders due to retailers’ new improved criteria for workplace safety.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Trade pacts, integrated manufacturing power India’s textile export ambitions
Global apparel sourcing is entering a new phase in which resilience, compliance and manufacturing depth matter as much as cost... Read more
Next-gen digital Indigo systems redefine textile manufacturing economics
The global textile sector is experiencing a structural shift as industrial-scale digital dyeing technologies replace traditional indigo vats in major... Read more
Fashion retail’s physical comeback, stores become experience hubs
Online shopping has permanently altered fashion consumption, making convenience, algorithmic recommendations, endless assortment and doorstep delivery standard expectations. Yet the... Read more
India reworks apparel export strategy as US tariffs squeeze margins
As tariff volatility, shorter retail buying cycles and aggressive price negotiations in the US expose weaknesses in the country’s traditional... Read more
MIT’s recyclable yarn could disrupt spandex’s grip on fashion
Stretch has become essential to modern fashion. Activewear, denim, underwear and athleisure all depend heavily on elastic fibres such as... Read more
Speed, synthetics and trade pacts propel Vietnam past Bangladesh
Vietnam has overtaken Bangladesh to become the world's second-largest exporter of ready-made garments (RMG), marking more than a symbolic change... Read more
The €2,150 Question: Can Europe afford circular fashion at scale?
Europe's push to build a circular textile economy is facing an uncomfortable commercial truth. The technology capable of producing virgin-quality... Read more
From cotton peaks to polyester pressures, textile supply chains face a reset
The assumption that textile supply chains can absorb periodic swings in cotton prices has become untenable. During the first seven... Read more
Global sourcing reset exposes India’s apparel competitiveness gap
The assumption that global apparel sourcing would naturally shift from China to India is proving increasingly misplaced. Fresh trade data... Read more
The new fashion equation, quality, agility and value replace speed and discounts
The traditional order that once separated low-cost fast fashion from premium luxury is steadily breaking down as consumers become more... Read more











