Sixty readymade garment factories in Bangladesh, suppliers of European retailers and brands, have completed all remediation work suggested by the Accord on Fire and Building Safety and are waiting for the recognition from the European buyers’ platform.
According to senior officials from Accord, once the factories’ claim are verified, the names would be released. The Accord received information from approximately 60 factories in which all remediation items were completed but only two of them were verified and accordingly received recognition letters from the chief safety inspector of Accord, said a recent report on advisory board meeting of the platform. The two factories are Concord Fashion Export and Jeacon, both are housed in the same building at South Salna in Gazipur.
The two factories received the recognition on May 2015 nearly two years after the launch of Accord. The Accord steering committee decision on the remediation completion plan and associated allocation of additional resources, staff, and budget towards completion of remediation at the inspected factories were discussed in the advisory board.
According to the Accord update, it had decided to hire 39 additional engineers to increase the follow-up and verification inspections by Accord engineers to 16 teams in the field per day, visiting 32 factories per day.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
The new fashion equation, quality, agility and value replace speed and discounts
The traditional order that once separated low-cost fast fashion from premium luxury is steadily breaking down as consumers become more... Read more
AI goes invisible as fashion brands rewire design studios
The fashion industry's digital transformation is entering a new phase. After investing heavily in sophisticated 3D computer-aided design (CAD) platforms... Read more
Natural fibers gain ground as global retail pushes back against polyester
A change is underway across the global textile industry as consumer preferences begin to alter sourcing decisions that have long... Read more
From exclusivity to engagement, luxury retail rewrites its growth strategy for 2…
The global luxury industry is entering a different growth cycle. After years of post-pandemic spending riding on affluent consumers and... Read more
Shaping the future of fashion at BRICS+ 2026
The upcoming BRICS+ Fashion Summit in Moscow promises to be a pivotal international gathering, offering a dedicated platform for fast-growing... Read more
The 10.3 mn-tonne cotton trade boom will be driven by scarcity, not surplus
The global cotton trade is entering an unusual expansion phase. Trade volumes are expected to rise steadily over the next... Read more
From Volume to Value: How fashion supply chains are defending margins through 20…
For decades, the global textile and apparel industry measured success through factory utilisation. Full order books, high machine occupancy and... Read more
The new retail math, smaller footprint, faster returns, sharper focus
The US retail industry is passing through one of its most impactful change in decades. What appears on the surface... Read more
The Operator Economy: China is rewriting the rules of global brand ownership
For decades, Western brands relied on centralized control over design, distribution, merchandising, and retail expansion in China market. That model... Read more
US cotton blacklist reshapes global textile supply chains
The US’ latest expansion of the Uyghur Forced Labor Prevention Act (UFLPA) Entity List is more than another trade sanction.... Read more












