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NEW LOOK 2021

Walt Disney

Walt Disney to restart sourcing apparels from Bangladesh

Dhaka: The Walt Disney Company has decided to resume its production of branded merchandise in Bangladesh after over eight years of pulling out of the country’s factories, said apparel industry leaders.
Nike

Nike revenues rise 96% as threat of Covid-19 subsides

Nike has seen its fourth quarter revenues grow as the retailer continues to emerge from the effects of the Covid-19 pandemic. Fourth quarter revenues were at $12.3 billion (£8.8...
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...
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

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...
business-expansion

Aldi to invest £22m as part of London business expansion

Aldi has announced plans to invest more than £22 million in new and upgraded stores across London in business expansion within the M25 this year. In a statement,...
BAYLA

(BAYLA)A new association born out of the youth’s motivation for Bangladesh Apparel industry

Bangladesh Apparel Youth Leaders Association (BAYLA), an organization of the young generation apparel leaders, started its journey officially on Saturday to strengthen the RMG industry. Focusing on innovation and...
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