30 January 2023, Mumbai

The Sustainable Apparel Coalition (SAC) has partnered with the Bangladesh Apparel Exchange (BAE) for the 4th edition of the Sustainable Apparel Forum, taking place on March 15-16, 2023. The forum will focus on 5 key areas of the apparel and textile supply chain: circular economy, climate impact, renewable energy, skill development, and green job prospects.

Delegates from garment manufacturers, brands, government officials, and impact organizations will be in attendance.

The first day will be for roundtable discussions, while the second day will feature panel discussions, keynote speeches, and strategic guidelines from industry leaders. Vidhura Rapanawe, Andrew Martin, and Joyce Tsoi from the SAC will participate in a discussion on decarbonization. The SAC and BAE previously partnered in 2019 and aim to find deeper collaborations in the industry to promote sustainability and responsibility.

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19 January 2023, Mumbai

Istanbul Fashion Connection: The third edition 

Dated 8-11 February.

The Core Istanbul shows the latest creations of Istanbul Fashion Week. IFCO Brands offers fashion brands the platform to expand their international customer network and in the IFCO Sourcing area manufacturers give an overview of their production capacities.

Three new exhibition areas expand IFCO's offering. The supporting program includes trend lectures by Accademia de la Moda Milan and WGSN.

Over four days of the fair, more than 600 exhibitors from all fashion segments will present their collections on 45,000 sqm at the Istanbul Expo Center.

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05 January 2023, Mumbai

ARTIFICIAL FIBERS: How do we characterize today's spectrum of sustainable artificial materials?

Since 2015, Première Vision has been accompanying these changes with its Smart Creation range, a series of initiatives combined with the creation of informative content all year round to guide your sourcing towards greater eco-responsibility.

Première Vision: The art & Heart of Fashion.

Season after season, the eco-responsible offer of the exhibitors at its shows continues to grow with new eco-designed product developments and technical innovations.

A cutting-edge offer is highlighted at each new edition of Première Vision Paris.

(CREDITS: paris.premierevision website)

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27 January 2023, Mumbai

Given herewith is the export performance of the top 60 RMG/apparel products in 6 digit HS-code level for the past 3 years with a comparative analysis to understand the position and performance of Bangladesh compared to the whole world.

BGMEA analysis puts it like this, the top exportable apparel items of Bangladesh in 2022 were cotton t-shirts, men's or boys' cotton woven trousers, women's or girl’s cotton woven trousers, cotton jerseys & pullovers, MMF jerseys & pullovers, men's or boys cotton woven shirts, w/g cotton knitted trousers, men or boys synthetic woven trousers, men or boys cotton knitted shirts, and men or boys cotton knitted trouser.

In aggregate, the share of these 10 items in the total apparel export earnings of Bangladesh was 67.70% in 2022. In 2020 export earnings from these 10 items were 18.70 billion which rose to 24.49 billion dollars in 2021.

In 2022, it further increased by 26.36% compared to 2021 and reached 30.94 billion dollars. At the same time, the global import of these items was 43.19 billion dollars in 2021 of which the share Bangladesh was 8.29%.

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09 January 2023, Mumbai

The share of RMG in total export of Bangladesh has gone up to 83.57% in 2022 which was 80.98% in 2021.

The export earnings from other textiles and related items such as headgear, cotton products, specialized textiles, silk, and wool & woolen products also increased.

In 2022, Bangladesh has set a new milestone of USD 45.70 billion RMG export. As per our analysis, Bangladesh’s RMG export has increased by 27.64% in 2022 compared to 2021.

Looking back over the past five years, RMG export in 2018 was USD 32.92 billion, which increased to USD 33.07 billion in 2019. COVID hit the industry in 2020, and export came down to USD 27.48 billion.  But in 2021, export regained the previous phase and reached USD 35.81 billion. From there we crossed USD 45 billion in 2022.

These are remarkable achievements, however, there are some challenges and struggles as well.

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31 December 2022, Mumbai

Inspired by the branding vision, BGMEA organized the first ever week-long mega event Made in Bangladesh (MIB) week 2022 during 12-18 November 2022.

The industry and the govt took a number of initiatives to portray a positive image of the industry and the country including apparel diplomacy, promoting the culture and heritage of Bangladesh, launching two coffee table books titled “Beauty of Bangladesh” and “The Untold Stories of Bangladesh RMG industry: Social, Economic and Environmental Good Practices”.

Reputed international media organizations attended the event in person and covered the story of the event and the industry, "Glorifying the Bangladesh apparel tryst with great enthusiasm making it global headlines asserting Bangladesh’s position as a reliable sourcing destination”.

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24 January 2023, Mumbai

MAS Amity Pte. Ltd., a subsidiary of MAS Holdings x Tata Group’s Trent Ltd, India signed a Joint Venture (JV) Agreement on the 20 th of January 2023.

The joint venture (JV) to begin with would facilitate the design and sourcing of related products and, through the period would synergize/pool their domain expertise to undertake the design, development, and production of a variety of ladies' intimate wear/innerwear and other apparel/garment articles.

Desamanya Mahesh Amalean, Chairman, MAS Holdings (Pvt) Ltd. on this occasion mentioned that “The significance of our partnership with Tata lies in our shared sense of values and an appreciation of the enormous business opportunities that the Indian market affords".

Also, Noel N Tata, Chairman, of Trent Limited confidently alluded, “We see significant opportunities to leverage the growing reach of our brands to build a differentiated proposition in lingerie, activewear, and related categories".

Westside stores

It has a retail Pan-India footprint of typically between 18,000 - 34,000 sq. ft. across in excess of 127 cities.

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07 January 2023, Mumbai

Bangladesh is gearing/bracing up on its promise of producing responsible and ethical manufacturing putting a lot of thrust on producing green products; practices like handling fashion waste etc. amongst many others.

Commenting on this theme recently Salman F Rahman, private industry executive and investment adviser to Prime Minister Sheikh Hasina, in a speech at Made in Bangladesh Week Nov. 2022 asserting categorically he states that, "We will do whatever policy is required to make Bangladesh the world hub for recycling.

At the industry level, it is a matter of serious deliberation on an on-going basis and, the topic/subject of fashion waste & the circular economy come up repeatedly as the world faces a severe climate change effect more predominantly than ever before".

The country is second only to China in the entire world in apparel exports legitimately sporting $42.21 billion fetching its nation's most-valued record FOREX.

This heralded a new age in the annals of its apparel industry ushering in an all-new resolute and resilient apparel manufacturing eco-system. As today's conscious discernible consumer raises a lot of concerns/worries related to protecting the environment and buying products causing material environmental impact.

What is credible is sustainably the Bangladeshi garment manufacturers are endeavoring/trying to do things in ways that could save manufacturers money and bring much-needed foreign exchange to the country which is so heavily dependent on this sector.

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27 December 2022, Mumbai

U.S.A imported USD 8.47 billion worth of apparel from Bangladesh during this period, while their import from the world was US$ 87.09 billion.

China, being the top apparel import source for U.S.A and having 22.19% share, achieved 20.76% year-over-year growth. USA’s imports from China reached USD 19.32 billion during this period.

Vietnam is the 2nd largest apparel import source for U.S.A. During the first ten months of 2022, U.S.A’s import from Vietnam was USD16.05 billion with 32.01% year-over-year. Additionally, USA’s import from Indonesia and India grew by 47.57% and 45.04% respectively during the mentioned period.

With 9.72% share of USA’s total apparel import, Bangladesh remains the 3rd largest apparel source for U.S.A. The import of apparel by USA from Bangladesh increased by 48.57% compared to the same period of 2021 while their global apparel import grew by 30.16%.

Other countries among the top ten suppliers having significant growth are Cambodia 36.90%, Pakistan 35.01%, South Korea 32.70%, Honduras 21.87% and Mexico 14.32%.

CREDITS: (trade data released by the U.S. trade agency Office of Textiles and Apparel (OTEXA)’ for the period of January-October 2022)

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23 January 2023, Mumbai

The platform is designed to connect and facilitate support of textile supply chains broadly from India and other geographies. Promises to generate in effect opportunities to increase Bangladesh’s RMG exports to India.

BGMEA President Faruque Hassan and Sowtex Network earlier inked the MoU.

For the two associates SOWTEX -BGMEA it is a work in progress arranging joint roadshows in Indian textile clusters along with other textile associations with BGMEA's leading members and prominent Indian supply chains/raw materials manufacturers, particularly in the area of Man-Made Fibers.

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07 January 2023, Mumbai

Dated: 17 January 2023.

Themed “Innovating Zero”.

At this year’s event, HKRITA will also sign a groundbreaking Memorandum of Understanding (MoU) with Hong Kong Sports Institute (HKSI), reinforcing the recognition of the concerted efforts to develop next-generation high-performance sportswear and devices specifically for different sports, while signifying collaborations and innovations.

Achieving sustainability and re-industrialization of the textile and fashion sector to thrive in the new normal.

The Symposium will serve as a key platform for government officials, industry experts, business leaders, and representatives from academia to discuss climate change and share inspiring insights into how innovation can drive the sustainability and re-industrialization of the textile and fashion sector.

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22 December 2022, Mumbai

AG Café, a joint venture entity owned by Apparel Group, a global fashion and lifestyle retail conglomerate, and Gateway Partners, an emerging markets alternative investment firm, have collaborated to offer an innovative and unique experience for coffee lovers in City Centre Mirdif.

“Today’s milestone is a significant step toward our long-term potential to grow the brand, increase market share and strengthen our position as the leading retailer of Tim Hortons,” said Neeraj Teckchandani, CEO of Apparel Group. “We continue to strategically expand our footprint across the country and are on track to grow to at least 500 stores for Tim Hortons in the region.”.

Apparel Group and AG Café, the master franchisee of the Tim Hortons brand in the Middle East are proud to mark a major milestone with the opening of its 250th store at City Centre Mirdif, Dubai. HE Jean-Philippe Linteau, Consul General of Canada, Founder & Chairwoman of Apparel Group Mrs. Sima Ved, Chairman of Apparel Group Mr. Nilesh Ved, CEO of Apparel Group, CEO of Apparel Group Mr. Neeraj Teckchandani and CEO of Tim Hortons (ME) Mr. Hesham Almekkawi inaugurated the grand opening ceremony of the new concept store on 20^th December.

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