Bangladesh: Latest apparel and textile news & analysis
More than 200 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 in 2013.
There’s a huge gap in Bangladesh between two business philosophies: those with realistic profit expectations, and those who are obsessed with controlling costs. And recent events have highlighted just how wide this gulf is, according to Mike Flanagan.
Two years ago today (24 April), one of the world’s worst industrial disasters took place when the Rana Plaza factory complex in Bangladesh collapsed, killing 1,134 garment workers and injuring 2,378 more. The tragedy was undoubtedly a catalyst for change in the way the apparel industry looks at its responsibility towards the entire supply chain, but new concerns and frustrations are now coming to the fore for industry executives.
Two years on from the Rana Plaza disaster, stakeholders have highlighted the progress made towards a safer ready-made garment industry in Bangladesh - and the challenges that still lie ahead.
As the countdown to the second anniversary of the Bangladesh Rana Plaza tragedy begins, the call is getting louder for apparel brands to fill the gap in compensation for victims before 24 April.
Structural damage has been identified at three garment factories in Bangladesh following the powerful earthquake that shook neighbouring Nepal last month.
A coalition of global investors is calling on apparel brands and retailers to reveal more information on steps taken to improve conditions for garment workers in Bangladesh.
Bangladesh garment manufacturers are pushing for a tax break – urging the government to collect a levy from just 10% of their export profits, instead of their overall profits as is currently the case.
The Central Bank of Bangladesh has earmarked US$500m of low-cost “green” funding to aid textile factories in adopting eco-friendly technologies and practices.
Campaigners are calling on fashion brands and retailers to pledge the final US$2.7m needed to hit the Rana Plaza Donors Trust Fund target.
An event showcasing the entire denim supply chain in Bangladesh and beyond is to feature a seminar covering investment trends and global sourcing dynamics.
Fresh inspections are being carried out on a number of ready-made garment factories in Bangladesh following the powerful earthquake that shook neighbouring Nepal on Saturday (25 April).
A three-year worker empowerment programme has been established in Bangladesh to support labour rights, union organising, and women's empowerment in the ready-made garment sector.
If Bangladesh wants to avoid another Rana Plaza disaster, it needs to effectively enforce its labour law and ensure garment workers can voice their concerns without fear of reprisal, a human rights organisation has said.
A committee set up in the wake of the Rana Plaza building collapse almost two years ago has distributed a total of BDT760m (US$9.8m) to the injured and family members of deceased and missing workers.
The explosive growth of the Bangladeshi ready-made garment industry is more likely to be accompanied by accusations of sweatshop exploitation from labour rights activists than praise for the positive opportunities it brings the sector's largely-women workforce.
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