The International Accord for Health and Safety in the Textile and Garment Industry is, reportedly, all set to get going in Bangladesh for two more years. The original agreement, known as the Bangladesh Accord, was due to expire on 31 August and the new version came into force on 1st September and
is named the International Accord for Health and Safety in the Textile and Garment Industry even as some 200 retailers signed up to the Accord in 2013, including retail giants H&M, Inditex, Fast Retailing’s Uniqlo, Hugo Boss and adidas and a list of those have also signed up to the extension. The new version comes after months of negotiations and remit to include other countries and with an an option to advance its scope to include human rights due diligence. Read a detailed report on the extension and what it means for the industry!
Bangladesh has always presented a tough environment for women entrepreneurs. In the recent Mastercard Index of Women Entrepreneurs for 2020, the country had bottom-ranked among 58 economies hinting that the country is among the harshest places for female business owners. However, in the last decade, women have made tremendous advances in Bangladesh. The apparel and textile industry has also witnessed a surge of women
entrepreneurs in the recent times and it surely hints at a silver lining. Viewpoints of 5 dynamic women in business is a must read…