Search Results for: Bangladesh

BY RAGHAVENDRA VERMA

A PILOT project of the World Bank’s private sector agency the International Finance Corporation (IFC) has kindled hope that Bangladesh’s burgeoning knitwear and garments industry could overcome its notorious environmental pollution problems at an affordable price. However, replicating the pilot’s innovative strategies across the industry in the country will not be easy: struggling with the challenges of sourcing environment friendly finance; securing power availability amidst irregular supplies; operating effective effluent treatment plants; and dealing with a lack of awareness amongst entrepreneurs.…

BY POORNA RODRIGO AND MUNZA MUSTAQ, IN COLOMBO

Of course the BRICs countries are far from being the only emerging market suppliers for the global apparel sector – and a knot of competitors such as Bangladesh and Vietnam have long been vying for business.…

BY POORNA RODRIGO

CLOTHING brands have no shortage of alternative sourcing locations to Bangladesh. And if Bangladesh wants to stop Western buyers from pulling out in the long run, factory owners have to improve productivity so that they can afford higher pay rises than inflation and bring an end to recurrent labour unrest, industry analysts are arguing.…

BY POORNA RODRIGO

Sweden’s Hennes & Mauritz (H&M) has told just-style global clothing brands are pressing the Bangladesh government to establish "a forum where buyers can raise concerns and discuss current topics", following waves of labour unrest.

An H&M spokesperson said Marks & Spencer, Walmart, The Gap and Carrefour joined it and 15 other buyers have been pressing Bangladesh labour minister Khandker Musharraf Hossain for a permanent liaison body.…

BY SHEENA ROSSITER, IN SÃO PAULO; RAGHAVENDRA VERMA, IN NEW DELHI; HELEN CLARK, IN HANOI; AND WANG FANGQING, IN SHANGHAI

WHILE the focus on emerging markets for the big international clothing brands has often been to view them as outsourcing opportunities, the truth is that there are a lot of people with a lot of money in these countries.…

BY MJ DESCHAMPS

OUTSOURCING textile and apparel production is a necessary step along the supply chain for many large international brands, which – more than often – have long-standing relationships with manufacturers abroad. These partnerships have to start from somewhere, though – and with economic development continuing to grow in the BRICs (Brazil, Russia, India, China) and other emerging market countries, there are many third-party companies and services that can help international buyers choose the right manufacturer.…

BY RAGHAVENDRA VERMA, IN NEW DELHI

THE INDIAN apparel and textile industry needs to evolve and adapt quickly to overcome the changing demand patterns from its major export markets, delegates at the textile conference were told in New Delhi on Thursday.…

BY POORNA RODRIGO

THE LEADER of Bangladesh’s clothing industry association has told just-style nearly 300 garment factories in the troubled Ashulia industrial zone in Bangladesh will reopen today (Thursday 21 June). This follows an assurance from the government that it would preserve security and arrest protestors who have damaged plants and vehicles owned by manufacturers.…

BY POORNA RODRIGO

Bangladesh garment factory owners have refused to reopen factories closed in the country’s troubled Ashulia industrial zone, despite the government forging a deal with striking textile and clothing workers on Monday, raising their minimum wage by 50%. Businesses are upset that protestors vandalised factories and their vehicles during the dispute and want the offenders brought to book.…

BY POORNA RODRIGO, IN LONDON

Demolition prices for older ships have fallen by a quarter in 2012, signaling a "historical drop" shipbroking, chartering and sale major Braemar Seascope’s research director told Steel First. He urged ship owners to scrap elderly candidates immediately and claim its "end of life bonus" as freight market would remain weak over the next two years.…