Global apparel companies with exposure to key supplier Bangladesh
Aug 06, 2024
The current political unrest in Bangladesh is expected to disrupt the country’s clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season.
Garment factories in the country have been closed indefinitely. According, opens new tab to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the readymade garment industry accounts for 83% of the country’s total export earnings. Read more at Reuters.