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Bangladeshi labourers work in a garment factory in Gazipur. Bangladesh’s crucial textile industry saw a sharp rebound from the Covid-19 crisis in August, with exports surging nearly 50 per cent as factories swung into full gear to meet orders from global retailers. AFP
Amid industry upheaval, Bangladesh is a safe pair of hands
Tue, 16 February 2021
High streets around the world are changing rapidly. The Covid-19 pandemic has led to a great many store closures and seen more and more businesses shift online in our major export markets.
These changes look like they will be permanent, as it is simply more profitable for brands to avoid the costly outlay of paying rent on physical stores. In fact, in future, there is talk that major brands may have just a few “flagship” stores as a showcase for their products – with the rest of their business going online.