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  • The global back table and cart covers market was valued at $720 million in 2018 and is projected to expand at a compounded annual growth rate (CAGR) of around 3 per cent from 2019 to 2027, according to a market intelligence report, which said this will be driven by a rise in the geriatric population and an increase in the number of surgeries.Europe accounted for a prominent share of the global back table and cart covers market in 2018, due to the increasing number of operation theatre facilities
  • HandTouch, founded in 2002, works with around 90 weavers in Bangladesh to revive traditional handlooms, according to chief executive officer Mohammad Ali Khan, who said the company has a production unit in Panchagar district and owns 60 handlooms. Saree is the most widely sold product in the domestic market and Europe is the major export market, he said.Pic: HandTouchIt exports to 14 countries, including Sweden and the Netherlands, and has limited exports to the United States, Khan told Fibre2Fa
  • The World Trade Organisation (WTO) recently allowed China to impose $3.6 billion in sanctions against the United States in a case that predates the tariff war now. The damages awarded are the third highest in WTO’s history, according to a WTO document. The amount is about half of that requested by China, which argued some US anti-dumping rules were illegal.Pic: ShutterstockThe case began before the 18-month-old. China now can ask the WTO’s settlement body to officially authorise retaliatory tari
  • The Tom Tailor Group has named Dr. Gernot Lenz as CEO. Earlier, Lenz was CEO of the s.Oliver Group. Before that, he served as COO Tommy Hilfiger Global and PVH Europe in Amsterdam, where his responsibilities included the digital transformation and operational management of the European e-commerce business of the Tommy Hilfiger and Calvin Klein brands.Pic: Tom Tailor GroupLenz takes over from Dr. Heiko Schäfer. The appoint becomes effective November 1, 2019. Prior to spending a total of ten years
  • At a time when Bangladesh is emerging as a potent retail destination bringing in many globally renowned brands and retailers looking for exploiting the emerging opportunities, British lifestyle brand Lee Cooper has also marked its entry in the country with its stylish footwear through a local producer.Image Courtesy: A licensee agreement was signed between Bangladesh’s Express Leather Products Limited that also sells Italian brand Lotto, and Lee Cooper in Dhaka recently.“Garment production itsel
  • Uniqlo, the Japanese fast fashion label, sees a drop in its sales in South Korea!Image Courtesy: ejinsight.comThese are worrying signs for the fashion retalier considering even the recent big discounts offered by the brand couldn’t stop the sales from going down.The fashion retailer has been lately facing strong boycott of its products in South Korea.Also read:Reportedly, Uniqlo sales in the country last month was US $ 7.8 million, which is just 33 per cent from what it was during the same perio
  • ‘Integrated marketing solutions’ is key to Vietnam’s garment exporters going global.At a recently concluded event, several industry experts said that garment industry needs aforementioned integrated marketing solutions, comprising online and offline platforms, to expand its reach worldwide.The apparel exporters need to engage in as many trade promotion platforms as possible to enhance linkages with global buyers.This, experts believe, will not only help exporters build their corporate image but
  • Zilingo, the global fashion technology platform, has teamed up with Vietnam Textile and Apparel Association (VITAS) to help Vietnamese factories become digitised.At a recently concluded event in Hanoi, Zilingo presented its proprietary production software to help factories become more efficient and minimise defects by accessing production real-time data and actionable performance reports.Image Courtesy: retailnews.asiaTalking to the media about the association, Sid Narayanan, Head of Factory Sof
  • The Sustainable Apparel Forum (SAF) will take place in Dhaka on November 5, 2019, to accelerate the momentum of sustainability in Bangladesh apparel industry. This will be the second edition of SAF, the largest annual sustainable apparel event in Bangladesh. The theme of this year’s forum is ‘enabling sustainability through policy and leadership.’Pic: Sustainable Apparel ForumThis year’s SAF promises to be the largest yet. "The title for this year’s Sustainable Apparel Forum is enabling sus
  • Canada’s Gildan Activewear Inc. yesterday announced moving out of Mexico, where it employs around 1,700. It will relocate equipment there to its cheaper production hubs in Central America and the Caribbean, it said in its results report for the third quarter. It is also building a major production complex in Bangladesh to serve European and Chinese customers.Pic: Gildan Activewearaccounts for 8-9 per cent of Gildan’s global production. The equipment transfer will reportedly take less than six mo
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