Apparel Online Bangladesh | AOB-January-2020

Year 2019 had been a testing one for the Bangladesh industry with falling business profitability, wage increase, skyrocketing interest rates, global economic slowdown, to mention some. The apparel sector’s export earnings (from Jul.-Nov.) too resulted in setback with 7.74 per cent Y-o-Y decline. Amidst challenges and shutting down of 60 apparel units, the good news came that 58 new units have come up, of which many have begun production. Team AOB interacted with the industry insiders and experts to understand what would be the key directions and their focus areas. Meanwhile, the multi-interest three-decade old BSA Group is giving reins to their next generation.

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