Luxury fashion brands are turning to Bangladesh as a reliable supplier and are increasingly sourcing from the country even amidst global supply chain disruption induced by the Covid pandemic and the Russia-Ukraine war. High-end brands such as Hugo Boss AG are seeking out business opportunities, with their top officials visiting Bangladesh to explore its potential, a
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Power blackouts and high import prices are fuelling fears that Bangladesh’s previous gains could be reversed by the global crisis, according to British daily the Financial Times.
Premium prices from international clothing retailers and brands have remained elusive for deserving local textile and apparel makers who have doled out extra money and efforts in setting up green buildings and adopting eco-friendly manufacturing practices.
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