Home / Knowledge / News / Apparel/Garments / Bangladesh to remain major supplier for H&M
Bangladesh to remain major supplier for H&M
11
Mar '16
Swedish clothing retail major H&M will continue to buy garment items from Bangladesh even as it scouts for alternative sourcing destinations, a top official of the company has said according to reports in the Bangladeshi media.

“H&M has maintained good relations with Bangladesh over the last 30 years. We have a long-term plan for Bangladesh. So we will continue business with Bangladesh,” said Hendrik Heuermann, Sustainability Manager of H&M in Germany.

Heuermann's comment came at an interaction with a group of Bangladeshi journalists who visited his Hamburg office in Germany last week.

H&M, the largest buyer for Bangladesh's clothing products, has recently started sourcing garment items from some new destinations such as Ethiopia and Myanmar.  H&M purchases about $5 billion of garment products from Bangladesh a year.

The company will use Ethiopia and Myanmar as the sources of basic garment items as Bangladesh started producing value-added garment items like jackets, for upscale customers in the western world, Heuermann said.

But he declined to comment on the quantity and prices of the apparel items the company sources from Bangladesh every year.

He said H&M has no plan currently to open any retail shop in Bangladesh, although the retail giant opened some stores in India last year to meet the demand for middle-income customers.

H&M also plans to open stores in New Zealand, Puerto Rico and Cyprus this year as the company thinks those are its potential markets, the official said.

Heuermann said Bangladesh is still a competitive country for producing garment items.

After the Rana Plaza building collapse in April in 2013, H&M had been criticized by customers for sourcing garment items at cheap prices, although the company did not buy garments from the factories housed in the Rana Plaza building.

Heuermann said his company has started a "fair wage method" in some garment factories in Bangladesh this year to help improve productivity and factory working conditions. (SH)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Rieter

Textiles | On 22nd Aug 2017

Rieter unveils new generation of RDB-D 50 draw frame

Rieter, a producer of textile machinery and automobile components,...

Courtesy: Alizilla

Textiles | On 22nd Aug 2017

‘New Retail’ strategy Alibaba’s focus in next 15 years

Alibaba executive vice chairman Joe Tsai has said that the next 15...

Courtesy: Eurovet/ Interfiliere Shanghai

Textiles | On 22nd Aug 2017

Interfiliere Shanghai to focus on textile printing

Interfiliere Shanghai, the leading trade show for intimates,...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search