Blog: Bangladesh exports to US bounce back
Leonie Barrie | 9 February 2015
Apparel shipments from Bangladesh to the US bounced back in December, posting their first rise since January last year. Another three of the top-ten US apparel supplier countries also saw strong double-digit growth in the month, including Vietnam, India and Pakistan – while China remains at the top of the table.
A major effort has also been launched to complete the remaining safety inspections of all export-oriented garment factories covered by the National Tripartite Plan of Action for Fire and Structural Safety (NTPA). Private firms TUV-SUD Bangladesh Pvt Ltd and Veritas Engineering & Consultant have been hired to carry out the work.
Transparency among apparel brands and retailers appears to be mixed when it comes to sourcing cotton from Uzbekistan. New research has revealed that while a number of companies have made improvements to address the issue of forced labour within the sector, many are reluctant to disclose the policies they are implementing or detail information about their suppliers.
But as efforts continue to drive responsible business practices in Myanmar’s rapidly growing garment sector, German sportswear giant Adidas last week revealed it had added the country to its global supplier list.
Meanwhile, analysts believe value fashion giant Primark will use its low selling price to help sustain significant growth in 2015, increasing sales through further expansion into continental Europe and the Northeast US. Taking a lower gross margin has helped Primark to gain market share in the UK, where it is now the number one apparel retailer by volume and number three by value.
For an overview of the 'Global market review of swimwear – forecasts to 2019', look no further than the latest research report from just-style. While demand for swimwear in the last five years has been hampered by the financial crises in North America and Europe, this could now be set to change as the global economy picks up.
And finally, monthly results posted by US apparel retailers last week suggest most got off to a good start to the year. Comparable store sales gains were helped by post holiday clearance sales and stronger comparisons with last year, when severe weather hampered results.
Fresh from their disappointment at seeing the Trans-Pacific Partnership (TPP) free trade deal abandoned last month with an executive order by President Donald Trump, the US apparel and footwear sector...
The Bangladesh government has responded to pressure over its crackdown on labour activists after a number of global brands and retailers pulled out of this week's Dhaka Apparel Summit in protest....
With the ultimate aim of ensuring all the cotton in its products is sourced sustainably, value clothing retailer Primark is adamant that having a business model focused on offering the lowest prices o...
Last week we marked the inauguration of Donald Trump as the 45th president of the United States by taking a closer look at what's at stake for the textile and apparel trade – especially his promises t...
Apparel maker Gildan Activewear has booked a rise in both earnings and revenue in its fourth-quarter, thanks to growing sales in its printwear and branded apparel businesses....
Continuing our look at what lies ahead for the apparel industry and its supply chain in 2017, the panel of industry experts consulted by just-style last week tackled likely shifts in the sourcing land...
- Hard hit Turkish industry is not knocked out
- "Power of the many" drives change at Otto Group
- China leads US apparel sources with falling prices
- Vietnam grows share of US apparel imports in 2016
- US apparel sector braces for potential cost hikes
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- Bangladesh crackdown has cost garment sector $100m
- Inditex and H&M boycott Dhaka Apparel Summit
- Macy's will "do the right thing", says Lundgren
- JC Penney to close 140 stores amid lower sales
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022