Over the past couple of months, Bangladesh’s RMG exports industry is witnessing one trend – declining quantities and stagnant/decreasing values. While the export value may not entirely reflect severe loss for Bangladesh, the holistic perspective that encompasses declining export volume, currency depreciation, high inflation rates, amplified debt servicing expenses, escalating infrastructure and living costs, underscores the mounting pressures on the country’s RMG industry.
In the current edition, our Cover Story spotlights the challenges faced by the country in the domain of apparel exports specifically with regard to the crucial banking complexities along with exclusive comments by industry stalwarts. The edition also explores retailers’ strategies to combat shoplifting by embracing technologies like AI and RFID tags. Besides, get ready for an in-depth coverage of knitwear giant Urmi Group’s successful global apparel business journey and a rundown on the innovative technologies reshaping the future of knitting industry.
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