Factory audit compliance can improve transparency and cut costs for apparel manufacturers in Bangladesh who supply to the world’s leading brands. At present, factory owners in sourcing countries such as Bangladesh face an onerous number of audits from different apparel brands and retailers, most of them gathering the same information.
Audit information can be shared across all brands within one central database. Multiple factory checks and audit fatigue is a serious issue for suppliers. Greater transparency from brands, including improving information on staple clothing items such as jeans and T-shirts, can also help. At the moment the public is in the dark on such issues.
Bangladesh’s readymade garment industry has witnessed an unprecedented overhaul since the Rana Plaza disaster. Factories are adopting various safety initiatives and making their safety reports publicly available, which is unique in the global apparel supply chain. Third parties are auditing factories in a transparent procedure to check social compliance. Safety hotlines have enabled workers to register their concerns in the most transparent way. However transparency itself cannot be sustainable if buyers don’t make their business processes transparent. Cheap price of clothing was a key contributor to the Rana Plaza accident as suppliers cut corners to meet the requirements of buyers.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Luxury under pressure as stagflation and geopolitics redefine the winners’ circl…
The 2025 earnings for Europe’s listed luxury majors have delivered a verdict that has far more implications than the prevailing... Read more
Luxury resale goes global, sneakers, handbags, archival fashion redrawing border…
The luxury resale market in 2026 is no longer a monolithic global block. According to the RB Insights January 2026... Read more
China out but can India deliver? The realities of the global sourcing shift
With the US imposing a flat 15 per cent tariff on Chinese imports under Section 122 as of February 2026,... Read more
Luxury in Retreat: Why the aspirational consumer is gone for good
The global luxury industry is confronting an unprecedented situation. The active consumer base, which peaked at 400 million in 2022,... Read more
The Invisible Bleed: How a single chemical is slowing India’s apparel machine
The global fashion industry has spent the better part of the past two years obsessing over visible disruptions viz. volatile... Read more
The Closet Paradox: How ‘nothing to wear’ is driving global overconsumption
In an era of overflowing wardrobes and instant fashion gratification, a striking paradox has emerged: the more clothes we own,... Read more
US trade rulings and labor slowdown reshape 2026 cotton supply chains
The global cotton industry is entering a period of adjustment, shaped by legal rulings, trade policy recalibrations, and a softening... Read more
Zero-tariff paradigm drives strategic re-sourcing at Global Sourcing Expo 2026
Projected to reach a valuation of $30.3 billion this year, the Australian textile and apparel market is entering a period... Read more
Strategic manufacturing takes center stage at Gartex Texprocess Mumbai 2026
A $179 billion industrial cornerstone contributing 2 per cent to the national GDP, the Indian textile and apparel sector is... Read more
The Hidden Tax on Fashion: 2026’s EPR rules squeeze margins and shake supply cha…
As the 2026 enforcement deadlines for California’s SB 707 and the European Union’s harmonized Waste Framework Directive loom, the global... Read more












