Reflecting the trend of increased work orders coming in from global buyers to Bangladesh lately, Concorde Garments Group, which caters to an array of renowned brands and retailers including PVH, JCPenney, Van Heusen, Allen Solly, Arrow, Marks & Spencer, etc., has its capacities booked till April next as work orders pour in from its existing/new clients, which is in sharp contrast to the scenario of last year when garment makers in Bangladesh had to deal with large-scale order cancellations, thanks to the COVID-19 pandemic.
“There is an increase in orders as orders are being diverted from China and Vietnam due to the pandemic,” maintains the Managing Director of Concorde Garments Ltd., Sayeeful Islam, speaking to Apparel Resources, referring to recent spurt in orders.
However, despite the encouraging trend in the work order front, Sayeeful is more concerned about the faltering price points.
“The FOB prices are not good; we are working on break-even margins,” rues Sayeeful Islam, who is also the proud owner of what he claims to be the first green interlining factory in the world, which manufactures both woven and non-woven interlinings.
The company offers around 400 different types of interlinings including the ones made from recycled materials.
Sustainability being the name of the game in today’s changing milieu, Concorde is focussed on reducing its carbon footprints even as an increase in its customer base has only encouraged Sayeeful to maintain the stress on sustainability, going forward.
The increase in raw material prices including that of yarn, of late, however, bothers the company’s MD, who feels it’s the spinning mills which are only set to benefit from it.
It may be mentioned here the company is a major shirt manufacturer and makes over a million pieces of shirts in a month while also employing around 4,000 highly-skilled employees in the entire group.
