Home / Knowledge / News / Apparel/Garments / Country lures major brands to set up sourcing offices
Country lures major brands to set up sourcing offices
18
Mar '10
Bangladesh is turning out to be a happy hunting ground for top global clothing brands. The number of these brands, opening sourcing offices in the country is increasing with each passing year.

With the cost-competitiveness of Chinese and Indian garment manufacturers on the decline, Bangladesh has sprung up as a very good reasonably priced destination for the international retailers.

Bangladesh is now the second largest supplier of apparels in the world after China and has now been able to lure brands like Wal-Mart, JC Penny, Zara, Tesco, IKEA, Marks and Spencer, H&M to open sourcing offices.

Other than cost-competitiveness, the country is also reputed for quality along with the ability to moving up the value-chain by being able to churn out even high-end clothing for these global retailers.

The RMG sector also benefits from having zero-duty access to major regions in the world, which reduces the cost for the buyer, since they do not have to pay high import duties.

The apparel sector has in recent times has also upgraded itself by adhering to strict compliance measures of the retailers, like eliminating child labour and set up Effluent Treatment Plants (ETPs) to ensure environmental accountability.

Previously, these brands use to source from their offices in India, but as their sourcing activities increased, they started setting up sourcing offices to monitor compliance issues, product quality and efficiency of the suppliers very closely.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Walmart

Apparel/Garments | On 23rd Mar 2017

Walmart acquires ModCloth

Walmart has acquired the assets and operations of ModCloth, one of...

Textiles | On 23rd Mar 2017

SIMA advises mills to avoid panic buying of cotton

The Southern India Mills' Association (SIMA) is advising mills to...

Apparel/Garments | On 23rd Mar 2017

Tulip Retail, True Fit personalise in-store shopping

Tulip Retail, a mobile application platform built exclusively for...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

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

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

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Paolo Ocleppo
Sandvik Hyperion

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Prathyusha Garimella
Prathyusha Garimella

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search