Sourcing – Apparel Resources

Inditex increases air freight use from India for clothing to avoid shipping delays

Thu, 21 Nov 2024 06:49:09 +0000

In order to prevent shipping delays, Inditex, the company that owns Zara, has significantly expanded its use of air freight to transport clothing from Indian factories to its logistics centre in Spain, according to trade data, industry experts, and investors. Following the disruption of international maritime lines due to insecurity in the Red Sea, apparel […]

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Hundreds of companies join Open Supply Hub to share supply chain data

Tue, 19 Nov 2024 13:51:19 +0000

Over 400 companies will be able to share their supply chain data through the Open Supply Hub (OS Hub) supply chain mapping platform, which is supported by four major multi-stakeholder initiatives (MSIs). These collaborations with Cascale, Ethical Trading Initiative (ETI), Ethical Supply Chain Program, and Ethical Tea Partnership are anticipated to enhance global supply chain […]

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N2N Sourcing: Moving forward on multiple fronts

Fri, 08 Nov 2024 16:24:20 +0000

Having almost two decades of experience in RMG industry, Shagufhta Newaz, Founder of N2N Sourcing Ltd., and EC member of Bangladesh Garment Buying House Association (BGBA) is amongst those few women of Bangladesh who started as a professional and later successfully built their own buying house, further geared up to grow. With a focus on […]

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NBR to launch automated customs bonded warehouse system in January

Tue, 05 Nov 2024 08:35:48 +0000

To improve efficiency and transparency for exporters of clothing accessories, the National Board of Revenue (NBR) plans to deploy a completely automated system for customs-bonded warehousing services. This program, which is expected to start in January, will make it easier to issue Utility Declarations (UD) and Utility Permissions (UP). The required systems for customs bond […]

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American buyers prefer apparel sourcing from India, says report

Mon, 21 Oct 2024 06:22:54 +0000

In the midst of worries over Bangladesh’s garment industry, the US International Trade Commission (ITC) has stated that American consumers have found political stability in India to be a crucial consideration when purchasing clothing from the nation. “Compared to less politically stable nations, brands are more inclined to source high-end or fashionable goods from India […]

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IAF and ITC launch ‘Shared Risk/Reward’ model to transform fashion supply chains

Sat, 19 Oct 2024 10:45:54 +0000

A new report on a “shared risk/reward” approach intended to improve supply chain flexibility, sustainability, and financial productivity in the fashion sector will be released by the International Apparel Federation (IAF) and the International Trade Centre (ITC). On 31st October, a webinar will be held to present the report, which is titled Under the Banyan […]

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Dysin Group expands supply chain footprint with new sales center and warehouse in Sirajganj

Mon, 30 Sep 2024 12:31:51 +0000

Dysin Group has opened a new sales centre and warehouse in Shahjadpur, significantly expanding its supply chain network. With this facility, the company now runs 13 sales and distribution centres and 18 warehouses throughout Bangladesh, expanding its reach beyond the capital, Dhaka, to key industrial regions. Dysin Group’s extensive product line, including dyes, auxiliaries, finishing […]

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Developing a strong ‘Made in Bangladesh’ brand: Mohammad Pabel, President, BGBA

Tue, 24 Sep 2024 11:45:07 +0000

As the President of the Bangladesh Garment Buying House Association (BGBA) and the Managing Director of Dongyi Sourcing Limited, Mohammad Pabel is a leading figure in the country’s garment buying sector. Throughout his career, Pabel has demonstrated creativity, leadership and a dedication to quality, which has led him to substantially influence the manufacturing and sourcing […]

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Synergy of design and sourcing: Kleider Sourcing leading the way to diversification

Tue, 24 Sep 2024 06:39:47 +0000

Apparel buying houses play a substantial role in the fashion business, with the first-ever buying houses emerging in Bangladesh around the end of 1971. Though it was not popular at the time, the buying house trade grew in prominence between 1980 and 1990. There are now over 6,000 buying houses in Bangladesh, with more than […]

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Huge 5tcf gas deposit discovered in Bhola, with an estimated worth of Taka 6.5 lakh crore

Tue, 17 Sep 2024 14:21:56 +0000

A joint investigation by the Russian energy giant Gazprom and the Bangladesh Petroleum Exploration and Production Company Limited (Bapex) has discovered a potential gas reserve of up to 5.109 trillion cubic feet (tcf) in the district of Bhola in southern Bangladesh. A 600 square kilometre 3D seismic survey carried out as part of the investigation […]

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The AO Debate: Local vs. Global Sourcing

Thu, 12 Sep 2024 10:50:45 +0000

Every apparel brand needs a clear sourcing strategy. The choice between local and global sourcing involves factors like cost-effectiveness, supply chain evaluation, quality assurance and market demand analysis. Local sourcing offers immediate cost savings by reducing transportation expenses and tariffs and mitigating currency fluctuation risks. It also ensures shorter supply chains, leading to lower inventory […]

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US fashion companies expanding sourcing base

Wed, 31 Jul 2024 16:55:47 +0000

According to a global survey, fashion companies in the United States are expanding their sourcing base beyond China, Vietnam, and Bangladesh to offset the increasing geopolitical risks. However, the corporations are not necessarily withdrawing from Asia. According to the report titled 2024 Fashion Industry Benchmarking Study, although Asia continues to be the primary region for […]

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Blue Ruan Sourcing: Growing with a discerning clientele

Fri, 26 Jul 2024 05:39:04 +0000

Established in 2021, Blue Ruan Sourcing is committed to offering a diverse range of products characterised by premium and artisan apparel. The company focuses on emerging apparel markets, including the UK, Europe, USA and India. By leveraging its significant presence in global manufacturing and sourcing hubs, Blue Ruan Sourcing can provide high-quality, fashion-forward garments that […]

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LVMH to increase supplier audits and controls, Says CFO

Wed, 24 Jul 2024 06:42:27 +0000

LVMH intends to expedite its supply chain strategy and enhance audits and controls, Chief Financial Officer Jean-Jacques Guiony recently announced, following investigations into an Italian subsidiary of the French luxury giant. Italian prosecutors initiated an investigation into suppliers for LVMH’s second-largest fashion label, Dior, according to reports, after allegations of sweatshop-like conditions at subcontractors for […]

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Fabrito secures funding to enhance its B2B fabric sourcing platform

Mon, 08 Jul 2024 09:49:58 +0000

Fabrito, a B2B fabric marketplace, has secured significant funding to enhance its fabric-sourcing platform. The funding has been led by Green Trunk Ventures, represented by Bikky Khosla and Sandro Stephen. Notable angel investors include Maninder Gulati (Global Chief Strategy Officer, OYO), Krishna Kalyan T D (COO, Laurus Bio), and Puja Jain (ex-McKinsey Partner). With this […]

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Buying Houses’ focus on product development to increase business and enhance value

Sat, 06 Jul 2024 05:38:30 +0000

As the competition in the industry intensifies, there is an increased focus on effective monitoring and management of product development in the RMG sector. Building a product development team requires substantial investment. However, it provides a new user experience, addresses needs, offers solutions to problems, broadens a company’s customer base and market share. Serving as […]

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IFC partners with Li & Fung, LFX to support SME growth and digitalisation in Asia’s supply chains

Fri, 21 Jun 2024 06:51:19 +0000

With the aim of facilitating greater digitalization in supply-chain management and providing smaller businesses in Asia with more affordable supply-chain financing, IFC has launched a cooperation with Li & Fung, a top global supplier of supply-chain services to the garment and general merchandise industries. The supply-chain fintech business Air8, owned by Li & Fung and […]

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Expanding Baazar Retail (Baazar Kolkata &; Fashion City) plans to source more from Bangladesh

Thu, 13 Jun 2024 10:30:34 +0000

Kolkata is home to many growing brands and retailers particularly those having niche focus on fashion apparel and catering to certain specific audiences. Brands like Dollar, Rupa, Amul and Lux are dedicated to categories like knitted undergarments and activewear, Vedant Fashions is focused on ethnicwear while a few are known for their expertise in value […]

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Leading brands and retailers will increase sourcing from Bangladesh

Wed, 12 Jun 2024 10:06:00 +0000

Walmart, H&M, VF Corp., Primark, Otto Group, Carrefour, C&A, Li & Fung and Kmart – all these are top brands and retailers which have their strong sourcing base in Bangladesh and in recent months, top teams of these companies not only visited the country, but also met the senior Government officials and BGMEA leadership team. […]

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Levi Strauss & Co engages o9 Solutions to boost fabric supply efficiencies

Tue, 11 Jun 2024 08:09:58 +0000

In order to expedite its fabric procurement procedures, Levi Strauss & Co. has disclosed that it is collaborating with o9 Solutions, an AI-powered supply chain planning tool. The global supply chain planning team of Levi Strauss & Co. (LS&Co) collaborated with vendor o9 Solutions to design a new enterprise planning system for fabric procurement. Additionally, […]

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