BANGLADESH GARMENT ORDERS DROP ON LOSS OF NEW BUYERS
June 1st, 2013
ORDERS from key American and European buyers to Bangladesh garment manufacturers are already falling year-on-year after the Rana Plaza factory collapse. Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) director Fazlul Hoque told just-style the overall drop in garment orders are around 10% during this spring and summer compared to last year, although unnamed industry sources in local media have claimed the drop is 30-35%. But Hoque sounded skeptical: “I don’t think the drop could be as high as 30-35%.”He said: “I would rather say new ...
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