s.Oliver to strengthen outsourcing in Bangladesh

15 Oct '10

1 min read

With an aim to diversify its outsourcing from Bangladesh, a German fashion and lifestyle company, 's.Oliver' opened its new office in Dhaka recently. In view of the country's stand in producing quality clothing, the company is taking new initiatives such as setting up a new office and recruiting new employees in Bangladesh.

Exports of Bangladeshi goods to Germany have improved by 16 percent in past six months. And the increasing interaction between traders of both the countries signals the rise in trade relations between the two.

A liaison office of s.Oliver in Bangladesh to outsource clothing items had been established in the country in year 2004. In the year 2009 alone, the company outsourced garments, particularly T-shirts worth over $50 million. The company that is witnessing 16 percent year-on-year growth has an annual turnover of above 1.2 billion euros.

It will outsource more value-added items such as basic shirts, denim jeans and jackets, in the coming days. The company has a liaison office also in other countries such as China, India, Indonesia and Hong Kong in Asia and has global presence through more than 350 stores.

Fibre2fashion News Desk - India

More Apparel/Garments News - Bangladesh...