2024: Top 5 Apparel Trends Shaping the Year
Introduction Fashion is not just about clothing; it’s a reflection of society, culture, and individual expression. As we step into 2024, the fashion landscape is evolving rapidly, driven by changing consumer preferences, technological advancements, and a growing awareness of environmental and social issues. Let’s explore five key apparel trends that are set to shape the […]
Garment Sector of Bangladesh: $100 Billion Target by 2030
Bangladesh stands as one of the world’s major garment exporters, with the ready-made garment (RMG) sector accounting for a remarkable 84 percent of the country’s total exports, as reported by McKinsey. This sector of Bangladesh has been a cornerstone of its economic success, offering employment opportunities to approximately four million workers, predominantly women, and contributing to […]
Vietnam’s RMG Sector and the Vision 2030 Strategy
Introduction Vietnam’s garment manufacturing sector is aiming for a $100 billion export target by 2030, known as ‘Vision 2030’. The plan includes significant investments in modernising infrastructure, enhancing workforce skills, and adopting sustainable practices. The government and industry stakeholders are collaborating to create a favourable business environment that attracts foreign investment and nurtures domestic enterprises. […]
Bracketing in Retail: A Strategic Pricing Approach
According to a 2022 survey by customer-experience platform Narvar, nearly two-thirds of shoppers reported bracketing their purchases. And the trend is becoming more and more of the norm with 15% of shoppers saying that bracketing is just how they shop now. But why? Well, in short, bracketing is really convenient. Bracketing effectively gives customers the ability to bring […]
Importance of Training: Empowering Workers
Training Landscape of Bangladesh The garments sector of Bangladesh is dominated by women (60-70%), with exports exceeding $46.99 billion in fiscal year 2023, but they have low literacy, knowledge, and control over their working conditions. With significant challenges ahead in achieving SDG 10, which aims to reduce inequality, it is critical to recognize that equal […]
Textile Recycling & Circular Fashion: A Sustainable Approach
Recently, people are paying more attention to how the fashion industry affects the environment, like making too much waste and using up resources. As the world deals with climate change, there’s a big need for the fashion industry to be eco-friendlier. One good idea that’s becoming popular is recycling textiles and using circular fashion principles. […]