A new workplace compliance-and-safety-monitoring body will take over the infrastructure, operations and staff of Accord as it transitions out of Bangladesh over the next several months. Accord will hand over its responsibilities in Bangladesh to the Readymade Garment Sustainability council (RSC). This national initiative will bring together industry, brands and trade unions to promote unified industrial relations, skill development and environmental standards, while carrying forward the significant accomplishments made on workplace safety in the South Asian nation since Accord’s formation in the wake of the 2013 Rana Plaza disaster, which killed more than a thousand workers and injured thousands more.
An international compact among nonprofit organizations, Western manufacturers and retailers, Bangladesh union federations, and several major global unions, Accord has monitored fire and building safety in 1,700 factories in Bangladesh over the past six years for signatory brands. It has conducted 30,000 inspections and remedied more than 90 per cent of violations at 1,000 factories.
Readymade garments make up roughly 80 per cent of Bangladesh’s export earnings, contributing almost 16 per cent of the country’s gross domestic product. Bangladesh is the world’s second largest garment exporter after China and produces clothing for some of the biggest retailers in the world, including H&M, Uniqlo and Zara.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Virtual wardrobes redraw retail boundaries as gaming platforms become fashion ec…
The boundary between physical clothing and digital apparel is rapidly eroding as gaming environments evolve into fully functioning consumer markets.... Read more
From Estimates to Audits: Virgin PET data disrupts global synthetic fiber econom…
The global textile industry is recalibrating how environmental impact is measured, priced, and regulated. While polyester continues to dominate global... Read more
Retail’s new growth map in China, rise of premium wealth, senior spending
For decades, global fashion and retail companies built their China strategies around the rapid expansion of an aspirational middle class... Read more
Post-peak correction global cotton markets adjust amid shifting fundamentals
Following a period of aggressive increase, global cotton benchmarks have entered a cooling phase. The bullish momentum that propelled prices... Read more
From Runway Blueprint to Retail Rack: How Milano’s ‘Ready to Show’ shapes global…
As the fashion elite prepare their calendars for the Spring/Summer 2027 runway shows, an equally vital, multi-billion-dollar machinery is quietly... Read more
Natural fibers gain ground as microplastic awareness alters apparel demand
The global apparel industry is entering a new phase of disruption as consumer concern over microplastic pollution begins to materially... Read more
Global cotton output declines, raising stakes for spinners and fabric makers
A simultaneous drop across the global natural fiber sector is reshuffle-mapping trading dynamics for international textile mills, yarn spinners, and... Read more
Apparel’s inflation premium in the US signals a tough road for retailers
The latest inflation data from the U.S. Bureau of Labor Statistics has conveyed an important warning for the fashion and... Read more
The Alchemy of Adornment: Decoding the ‘Runway Trends’ and ‘Sartorial Shifts’ of…
As the global luxury sector navigates shifting economic currents, Milan continues to solidify its role as the definitive compass for... Read more
Engineered to Perform: How bio-based textiles are rewiring the $1.15 trillion at…
The global athleisure industry is entering a reset as the next phase of competition shifts from celebrity endorsements and logo... Read more












