Bangladesh: Latest apparel and textile news & analysis
The group of North American brands and retailers - including Wal-Mart Stores, Gap Inc and VF Corporation - working to improve safety in Bangladesh's ready-made garment factories appears to be sourcing more products from the country as efforts to upgrade the industry take hold. But one year on, progress is "far from over", with the total cost likely to be in the region of $150m and take 12-18 another months to complete.
More than 160 companies have now signed the Accord on Fire and Building Safety in Bangladesh following the collapse of the Rana Plaza factory building in Dhaka, which killed more than 1,100 people last year.
A growing list of differences appears to be breaking out between groups working to improve factory and building safety for garment workers in Bangladesh.
Bangladesh's share of the US apparel market has been in decline since February this year. But a closer look at the figures shows that while it is holding up in basic men's wear, women's wear fashion is on a downward trajectory.
Tau Investment Management, the US private investment firm that is looking to drive capital into textile and garment factories to improve their competitiveness and de-risk supply chains, has told just-style it is moving swiftly towards its first investments - which are expected in the second half of 2014.
The Accord on Fire and Building Safety in Bangladesh is continuing to look at ways to try to involve the country's leading garment trade associations in an effort to ensure the initiative's long-term success.
A project funded by the Norwegian Government and implemented by the ILO (International Labor Organization) aims to improve working conditions in Bangladesh’s tannery factories.
The IndustriAll global union has reiterated its call for more action from the Bangladeshi Government to create a safe and sustainable garment industry.
Bangladesh still has significant work to do in order to fulfil the sustainability compact drawn up in the wake of the Rana Plaza disaster, according to the country's US Ambassador.
Six members of the US House of Representatives have called on Bangladesh to ensure labour conditions in the country improve and that it minimises the risk of violence against union members.
Bangladesh's ready-made garment exports are continuing to soar, rising by nearly 14% in the just-finished fiscal year as political stability returns to the South Asian country.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is to hold Batexpo in Paris this year, the first time its three-day fair will be held outside of Bangladesh.
Bangladesh's government has approved a draft labour law that will allow workers in export processing zones (EPZs) to form unions - a week after both the EU and US criticised the country's progress on improving worker rights.
Bangladesh must do more to address the worker rights and safety concerns that led to the suspension of its Generalized System of Preferences (GSP) trade benefits last year, the US says.
The Accord for Fire and Building Safety in Bangladesh has become the latest group to condemn the controversial remarks by the head of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
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