Bangladesh can become an example of a protective global supply chain, providing a model that can be adopted by countries around the world. It has been almost seven years since the Rana Plaza factory disaster, killing more than 1,100 workers, mostly young women, and injuring 2,500 others.
More broadly, there is a need for fresh approaches to address labor rights in Bangladesh and elsewhere. Buyers need to acknowledge how their own business models – which put a premium on lowest cost and fastest turnaround – often exacerbate pressures on local factory owners and harm workers. These global brands must also move away from the punitive policing model that currently places blame on local suppliers whenever factory auditors spot a problem. Instead, there is a need for a more collaborative model, one that emphasizes greater communications and cooperation between buyers and suppliers, and shares responsibility for the well-being of workers.
Bangladesh’s readymade garment industry is the second largest in the world and a major supplier to Europe. Since 2008, Bangladesh apparel exports have more than tripled, garment sector exports account for 82 per cent of all exports from the country. This tremendous growth has helped fuel the country’s economic development and cut the level of extreme poverty to half since 2000.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
The Hormuz Effect: Why a distant war is shaking Bangladesh’s garment exports
The immediate impact of the Iran- Isarel-US conflict is being felt in the logistics arteries that connect Bangladesh’s factories with... Read more
The rise of localized luxury, MEA, North America, and India lead growth
The global luxury industry is no longer defined by relentless expansion. The ‘2025 Global Luxury Brandwatch Report’ highlights a sector... Read more
Hormuz blockade sends shockwaves through India’s textile chain as polyester cost…
What began as a geopolitical escalation in the Gulf has rapidly metastasized into a full-scale industrial disruption for India’s textile... Read more
India’s National Fibre Scheme decouples textiles from global supply risks
For decades the Indian dominated spinning, weaving, and garment exports while remaining paradoxically dependent on imported man-made fibres and specialty... Read more
From London to Tokyo, premiumization redefines retail and office markets
Global real estate landscape has changed. Gone are the cautious narratives of recovery that defined the post-pandemic years. Today, flight... Read more
Compliance drives India’s $176 bn textile shift
India’s textile economy is no longer selling fabric alone; it is selling proof. As compliance rules harden across export markets,... Read more
The second life economy gets a boost as resale outgrows traditional apparel reta…
For decades, resale existed in the margins of the apparel economy, thrift stores, peer-to-peer marketplaces, and charity bins quietly absorbing... Read more
Rising polyester costs shake India’s textile manufacturing hubs
India’s synthetic textile industry is confronting a sudden and destabilizing price shock that is reverberating across its vast manufacturing ecosystem.... Read more
Cotton markets hold firm as tariffs, higher supply reshape global fiber economic…
In a year marked by tariff escalations, geopolitical brinkmanship and a recalibration of global trade flows, the international cotton market... Read more
Beyond Cotton How Kapok could redefine sustainable insulation in textiles
In the lush, humid heart of Southeast Asian rainforests stands a giant, a silent sentinel of the forest canopy. Growing... Read more












