BANGLADESH GROWS SUIT SEGMENT AS IT TARGETS HIGHER VALUE NICHES
April 26th, 2022
Bangladesh is emerging as a major supplier for high-value suits in Europe and the US, taking advantage of the disruption faced by manufacturers in China, Vietnam, and Ethiopia during the Covid-19 pandemic. While Bangladesh faced its own supply chain and production disruption, China’s tough response to the pandemic has harmed its clothing production, Vietnam’s apparel sector has encountered labour shortages and Ethiopia’s Covid-19 woes have been worsened by civil war. As a result, Bangladesh has taken an increasingly large slice of a global market, which ...
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