Home / Knowledge / News / Apparel/Garments / Clothing retailers earn highest profits, say US professors
Clothing retailers earn highest profits, say US professors
Jun '15
Courtesy: BGMEA
Courtesy: BGMEA
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA), one of the largest trade associations in the country representing the readymade garment industry, has said that a presentation by two American professors showed that it is the retailers who squeeze out the largest profits at the cost of manufacturers and buyers.

In their presentation, Dr Mark Anner, Associate Professor of Pen State University and Jennifer Blair, Associate Professor of University of Colorado, USA. showed that how drastically the prices of apparel declined in the US in last few years and it is the retailers who were taking the major share of the profit.

“The retailers can squeeze the prices as the competition among the apparel manufacturing countries is very stiff and as there is smaller number of apparel retailers in the world against a large number of manufacturers,” they said. They also found that the consumers were benefited by only about 7 per cent because of the price decline and the total profit actually went to retailers’ pockets.

After the presentation, Bangladeshi researchers requested the American Professors to disseminate their findings among consumers in the US so that they put pressure on the brands to give ethical and better prices for apparel.

The BGMEA said the presentation was also a lesson for the Bangladeshi media which often criticized garment company owners. It said journalists who attended the presentation learned that the brands and retailers are taking the cream of the profit and the manufacturers have been becoming very marginalised because of the price crunch from the brands/buyers. (SH)

Fibre2fashion News Desk – India

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search