The holidays of Eid have come as a blessing for many garment manufacturing companies, who are facing a shortage of orders to run their stitching units and many of these units have gone in for a long vacation.
In normal times, these very units would have been bustling with activity preparing for dispatches to be made in time for Christmas and sweaters for the winter season, but orders have been slow to come and the lean season starts from November onwards.
Fibre2fashion spoke exclusively to Mr Sabri Obeidul, General Manager of Lusaka Group, who said, “Overall the situation is not so good so far for RMG sector in Bangladesh. Factories owners are facing lack of orders from overseas markets and orders have fallen by 20-30 percent, when compared with the same period of last year”.
He explained by saying, “Volumes of orders also depends on the type of ready made garments a company is dealing in as if a company is trading & exporting high end clothing, then definitely, that company will get fewer orders in this season, when compared with exporters of low priced products”.
He also admitted that their factory was closed for seven days on account of Eid holiday, but that they are having enough orders from their clients mainly from countries like Italy, France & other European market countries”.