In spite of COVID-19, major clothing brands have no plans to reduce their sourcing targets from Bangladesh. In fact, one company has placed five per cent more work orders in Bangladesh compared to last year. Besides, the timing of the spread of the virus is an opportune in a way: stores have started to put out their spring/summer collections, so Bangladesh’s apparel manufacturers have already shipped out a big chunk of their work orders. Most international clothing retailers and brands have extended the period of execution of work orders for two weeks due to the virus. Bangladesh stands to benefit from the fallout of the Coronavirus. The reason being most of the globally renowned companies are planning to shift their work orders from China to other Asian countries, including Bangladesh.
As of now, Italy is in lockdown, and Spain, the second most affected country, is considering following suit. China, where the virus originated from and the apparel sector's source for 46 per cent of the raw materials, has got the novel virus under control and is on course to restarting production. Things are improving in the supply chain with China. Bangladesh imports machinery, cotton, dyes, chemicals and other industrial raw materials from China.
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