Almost half of the fashion brands and buyers of the US surveyed for the eighth edition of the study titled “2021 Fashion Industry Benchmarking Study†said they may increase sourcing from Bangladesh over the coming years.
Browsing: OTEXA
With the Covid-19 situation in the US under control to some extent, export of readymade garments has risen to the US from various countries. Bangladesh could not take advantage of this and its exports have declined.
Denim brands and retailers have made a sea-change in sourcing strategies in the first quarter of 2016, according to data released last week by the International Trade Administration’s Office of Textiles and Apparel, or OTEXA.