Lululemon Athletica

Lululemon Athletica first-quarter sales rise nearly 90%.

Lululemon Athletica said its fiscal first-quarter revenue soared 88%, topping analysts’ estimates, as shopper traffic steadily rebounded to its stores. The athletic apparel maker also issued a strong forecast...

Bangladesh V Accord : Agree on three months extension but the struggle is not...

Global unions and negotiating signatory companies have announced that they agreed upon a three month extension of the Accord on Fire and Building Safety in Bangladesh to allow for more time to...
apparel sourcing

Bangladesh: Still a lucrative apparel sourcing hub, New Report: McKinsey & Company

Bangladesh's attractiveness as an apparel sourcing destination has remained potent despite increased competition in recent years, according to a new survey of management consulting firm McKinsey & Company.
supply chain

16 retailers that have pledged to make their textiles supply chain sustainable

Last week, retailers and people alike celebrated Earth day, demonstrating support for environmental protection. As part of a sustainability proposal drive by the government announced last month, non-profit organisation Wrap (Waste...
পাইকারী ফ্যাশন

টানা লকডাউনে চোখে অন্ধকার পাইকারী ফ্যাশন ব্যবসায়ীদের

টানা দুই বছর ব্যবসা হারানোর কারণে উৎপাদন ও বিপণনে জড়িত কয়েক লাখ উদ্যোক্তার পাশাপাশি সারাদেশের কয়েক লাখ ক্ষুদ্র ব্যবসায়ীর ঘুরে দাঁড়ানোর স্বপ্ন বিলীন হয়েছে। পোশাক,জুতা, আসবাবসহ ফ্যাশনে দেড় লাখ কোটি...
small stores

UBS predicts 80,000 U.S. small stores will close in five years.

UBS analysts forecast 80,000 small stores closures over the next five years, as the COVID-19 acceleration in e-commerce forces retailers to shrink their fleet of bricks-and-mortar locations. That will...
BGMEA President

New BGMEA President Elected: MD Faruque Hassan

Faruque Hassan has become the president-elect of Bangladesh Garment Manufacturers and Exporters Association (BGMEA). Faruque Hasan is going to be elected President of the Bangladesh Garment Manufacturers...

Unsold fashion: What happens to merchandise when stores are closed?

Since the pandemic outbreak, the fashion industry has been fearful of vast amounts of unsold merchandise from brick-and-mortar stores. Last spring, many designers and brands postponed a part of their collections to...
Sustainable Development Goals

UNDP, BGMEA launch report measuring RMG’s impact on Sustainable Development Goals.

DHAKA - The Bangladeshi garment industry has published a report on its progress towards helping the country meet its targets on the United Nations' 17 Sustainable Development Goals (SDGs) by 2030.

Lockdowns changed consumer buying behavior: New research.

The series of national lockdowns has resulted in significant changes to the way Britons consume goods, including what they buy, the channels they buy through and how they pay, according to new...