Alliance for Bangladesh Worker Safety is set to leave Bangladesh by the end of the year. And so would the European buyers’ platform Accord on Fire and Building Safety in Bangladesh. These global buyers’ bodies were formed in the wake of the tragic Rana Plaza incident, to carry out inspection and remediation of apparel manufacturing units in the Bangladesh readymade garment sector.
However, more than 180 European brands have reportedly warned that if Accord is shut down, leaving workers in unsafe working conditions, they might reconsider their sourcing decisions. Accord would like to continue till the work of remediation which started in May 2013 is completed and a sustainable and adequate national regulatory structure is implemented to regulate workplace safety in the Bangladeshi garment industry.
The industry in Bangladesh does not think the exit of the buyers’ bodies would have any business implications. The view is Bangladesh has already achieved a good workplace environment through team work, a positive attitude, and huge investments and that if some factories still lack in achieving those goals, that will be corrected. This is at a time when the readymade garment industry in the country is standing at the cusp of the next phase of growth.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
UK fashion sourcing shifts south as Bangladesh overtakes China
The UK’s apparel sourcing has seen a realignment in recent years, as retailers increasingly diversify production away from traditional East... Read more
Why European consumers are spending more but buying less fashion
For much of the last two decades, the European fashion industry operated under the assumption that rising consumer wealth would... Read more
Why US apparel prices defied inflation while product quality improved
As inflation reshapes nearly every aspect of American household spending, one consumer category continues to stand apart. Housing costs have... Read more
The Resale Revolution: Vinted’s marketplace model reshapes European retail
The French fashion market has reached a turning point. In a development that highlights the growing influence of circular commerce,... Read more
France declares war on ultra-fast fashion with new green law, will reshape globa…
France has become the first major economy to legislate specifically against the ultra-fast fashion business model, a watershed moment for... Read more
France declares war on ultra-fast fashion with new green law, will reshape globa…
France has become the first major economy to legislate specifically against the ultra-fast fashion business model, a watershed moment for... Read more
Click-and-Collect: Why retailers are turning pickup counters into sales machines
Modern retail has changed the role of the physical store. Once viewed primarily as a point of sale or inventory... Read more
Why fashion e-commerce returns persist despite smarter sizing technology
For over a decade, the fashion sector has invested heavily in virtual fitting rooms, AI-powered size recommendations, and 3D body... Read more
A Quest for Essence: Unveiling the 2027 A/W Trends at Intertextile Shanghai Appa…
As the global textile industry looks toward the upcoming season, the Intertextile Shanghai Apparel Fabrics – Autumn Edition stands ready... Read more
Beyond globalization, local consumer behavior rewriting fashion retail strategy
The traditional blueprint for global fashion expansion is being rewritten. For decades, apparel companies assumed globalization would gradually create a... Read more











