Tag : garments

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H&M Group appoints New Chief Technology Risk Information Officer

Denim Admin
H&M Group appointed George Mudie as the new Chief Technology Risk Information Officer. Mudie will assume his role in January 2022. George Mudie said, “Cybersecurity along with regulatory compliance and ethical data practices is a competitive advantage that will enable H&M Group to create meaningful relationships across their brand portfolio. Altogether, this is...
Vietnam Garments
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Vietnam’s garment, textile, footwear sectors may take long to recover

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As Vietnam’s garment, textile and footwear sectors have been hit hard by the pandemic, firms may take long to recover, say experts. Some businesses said they are facing penalties for late delivery and the risk of losing orders for the next season. Prospects for this year and 2022 have turned...
BGMEA PRASIDENT
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BGMEA President called on US buyers to reduce audits

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BGMEA President Faruque Hassan has called on US buyers to reduce the number of factory inspections to reduce the cost of garment owners. He made the call at a roundtable meeting organized by the Bangladesh Embassy in Washington DC on Friday to expand the market for readymade garments in the...
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BGMEA President Faruque Hassan seeks IFC cooperation to finance SMEs in sustainability

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On September 9, 2021 (US Time) Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President  Faruque Hassan and vice President Miran Ali join a meeting of the International Finance Corporation (IFC) held at IFC headquarters in Washington D.C. BGMEA President Faruque Hassan notify the IFC of the progress made by Bangladesh’s garment...
Bd Garments
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Bangladesh beat Vietnam in garment exports

Denim Admin
Last year, Vietnam surpassed Bangladesh in global garment exports. However, in the first half of this year, Bangladesh has gone ahead again. In the seven months from January to July, Bangladesh exported more garments worth 193 crores 69 lakh dollars than Vietnam, according to the BGMEA. According to the BGMEA...
Garments
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Bangladesh Becomes The 2nd Garments Exporter Once Again.

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Bangladesh Snatches Back No. 2 Garment Exporter Title. Bangladesh has come out ahead in the race for the world’s No. 2 clothing exporter after China. at least for the moment. After ceding ground to Vietnam in 2020, the South Asian nation clawed back its lead in the first seven months...
BGMEA president calls for Canadian investment in Bangladesh
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BGMEA calls on Canadian buyers to source more from Bangladesh.

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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan called on Canadian buyers to choose Bangladesh as a safe, sustainable and ethical apparel-sourcing destination and source for taking more garments from the country. He made the call during a meeting with Paul Draffin, Chief Supply Chain Officer at Canadian...
Srilanka Textiles
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Sri Lanka’s textile & garment exports up 28% in Jan-June ’21

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Sri Lanka’s earnings from textiles and garments exports increased by 28 percent year-on-year to $2.487 billion during the first six months of 2021, according to the statistics released by the Central Bank of Sri Lanka. Exports of textiles increased 47.8 percent to $156.6 million, while garment exports were up 30.8...
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Bangla brands, global unions agree on new, expanded worker safety pact

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Negotiations between representatives of global textile retailers from Bangladesh and the global trade union signatories to the former Accord on Fire and Building Safety in Bangladesh recently resulted in an agreement that continues legally binding commitments to workplace safety in the Asian nation and promises to expand the programme to...