DESPITE COMPLIANCE ISSUES, BANGLADESH REMAINS NUMBER ONE ALTERNATIVE: MCKINSEY
September 1st, 2013
A PARTNER at advisors McKinsey has argued that Bangladesh’s advantages in low cost and convenience for brands will ensure its clothing and textile sector keeps growing, despite the Rana Plaza disaster.Dr Achim Berg led a study released at last week’s World Fashion Convention, Shanghai, which concluded that about 72% of the total 29 chief purchasing officers (CPO) surveyed are planning to move orders from China to other Asian countries in the next five years, although China will still remain as the largest sourcing market.Among the alternative sourcing ...
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