Mexico, Nicaragua and China noted growth in MB jeans exports to the USA in May ’20 over April ’20. Here is the full analysis....
Trade Data
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A relatively new finance option for businesses is the early payment programme or EPP, which has yet to pick up in the garment business, but has over the last decade managed to leave an indelible mark in other industries.
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The coronavirus outbreak is exacting a huge toll on Cambodia’s apparel manufacturing sector. Order cancellations, raw material scarcity and massive worker layoffs have changed the very dynamics, posing all new challenges for its survival.
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Trade Data
Some fresh enquiries and even orders are trickling in, share buying offices
by Ila SaxenaFashion retail is working its way back to action. Could this mean that factories can look forward to fresh orders?
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What are the options left with the suppliers, most of whom are already working on LC at sight…payments in advance? But is this workable when buyers are more interested to negotiate on credit basis?
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Vietnam, Bangladesh or India – who could emerge as the next preferred sourcing destination for buyers? Apparel Resources speaks to some stakeholders to find out what they think…
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As regular exports take a tumble, industry pins hope on local market while strengthening production of PPE and face masks to cater to the global demand.
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About two weeks ago, Rubana Huq, President, BGMEA, made a direct appeal to the buying community to support the Bangladesh apparel manufacturers and not cancel orders or stop payment for already shipped orders.
