It ain't fashion, if it ain't sustainable

Faruque Hassan

World Trade / BGMEA Move

29 January 2024

2 minutes

The readymade garments (RMG) sector of Bangladesh though firmly established as the second-largest apparel exporter globally, faces challenges due to global geopolitical tensions, exchange rate fluctuations, the dollar crisis and a surge in cotton price, aggravated by intense competition from low-cost nations.

BGMEA to Launch Virtual Marketplace for RMG Industry to Counter Geopolitical Risks

The apex Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will develop a virtual marketplace to integrate the local textiles industry into global value chains and capitalise on the shift towards online purchasing.

By

Staff Writer

Young India Fashion Survey 2025

Textile Recycling Expo

ITF Intertex Portugal 2025

Most Popular

Advantage India / New Trade Disorder / V Report

There are already reports of US companies asking for discounts. This is true as much of India, as it is of the smaller apparel-making nations.

Trump Tariffs Give Indian Industry a Chance to Recalibrate its Global Textiles Trade Strategy

Richa Bansal

11 April 2025

Sourcing Strategies / New Trade Disorder / II Analysis

The plush Plaza Senayan in Indonesian capital Jakarta. Many Asian countries today have thriving domestic markets.

Just Like 'China Plus One' of Earlier, the World Now Needs a 'US Plus One' Trade Policy

Subir Ghosh

8 April 2025