Category : Business News

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Appreals
Business News Latest News

Sri Lanka’s apparel manufacturers hopeful EU GSP+ will be retained

Denim Admin
Top Apparel Manufacturers in Sri Lanka recently reiterated that the European Union’s (EU) generalized scheme of preferences plus (GSP+) is critical for the future growth of exports and expressed hope that the government will work towards retaining the concession. The apparel sector contribution to the country’s gross domestic product (GDP)...
Vietnam Garments
Business News

Vietnam’s garment, textile, footwear sectors may take long to recover

Denim Admin
As Vietnam’s garment, textile and footwear sectors have been hit hard by the pandemic, firms may take long to recover, say experts. Some businesses said they are facing penalties for late delivery and the risk of losing orders for the next season. Prospects for this year and 2022 have turned...
BGMEA PRASIDENT
Business News Interview Latest News

BGMEA President called on US buyers to reduce audits

Denim Admin
BGMEA President Faruque Hassan has called on US buyers to reduce the number of factory inspections to reduce the cost of garment owners. He made the call at a roundtable meeting organized by the Bangladesh Embassy in Washington DC on Friday to expand the market for readymade garments in the...
Bgmea
Business News Latest News

BGMEA President Faruque Hassan seeks IFC cooperation to finance SMEs in sustainability

Denim Admin
On September 9, 2021 (US Time) Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President  Faruque Hassan and vice President Miran Ali join a meeting of the International Finance Corporation (IFC) held at IFC headquarters in Washington D.C. BGMEA President Faruque Hassan notify the IFC of the progress made by Bangladesh’s garment...
Garments
Business News Latest News

Bangladesh Becomes The 2nd Garments Exporter Once Again.

Denim Admin
Bangladesh Snatches Back No. 2 Garment Exporter Title. Bangladesh has come out ahead in the race for the world’s No. 2 clothing exporter after China. at least for the moment. After ceding ground to Vietnam in 2020, the South Asian nation clawed back its lead in the first seven months...
BD SUMMIT
Business News

Bangladesh is going to organize international Investment summit in November.

Denim Admin
To attract investments from both home and abroad, Bangladesh Investment Development Authority (BIDA) is going to organize an international summit in Dhaka from 28-29 November. Bangladesh Investment Development Authority (Bida) executive chairman  Sirazul Islam Said, “We are targeting 15 countries from which we expect more investment. And we will also...
Denim
Business News

California 1st US state to require hourly wages for garment workers

Denim Admin
Taking historic and decisive action to help keep workers safe on the job and combat unfair pay practices, California Governor Gavin Newsom has signed a package of 18 worker protection bills, including nation-leading legislation that will end decades-old, unfair pay practices and requires garment manufacturers to pay workers an hourly wage. Among...
Green garments
Article Business News Latest News Popular Posts

Bangladesh is now one of the top countries in the world with 150 Green Garments factories.

Denim Admin
As the so-called green wave continues to sweep Bangladesh, the country has become home to the highest number of Green Garment factories in the world. The Leadership in Environmental and Energy in Design (LEED) certification given by the United States Green Building Council (USGBC). The establishment of 150 Green Garments...
Denim Expand
Business News Wishing

Denim mills expand as global market booms

Denim Admin
Fabric makers in Bangladesh have embarked on a massive expansion to capture more share of the fast-growing global denim market keeping pace with the changing fashion and styles. Currently, 40 denim mills are producing 280 lakh meters of denim fabrics in Bangladesh, up 40 per cent from five years ago. ...
Business News

M&S clothing sets new sustainability standards for denim

Denim Admin
M&S has started switching all denim to more sustainable indigo dyes including nearly 50 percent of the new range, which also uses 86 percent less water compared to the industry average for denim finishing, and 100 percent responsibly sourced cotton. M&S has brought the new sustainability features to life in...