Reducing Footprints, Increasing Profits: Carbon Credits in RMG Factories
Climate change is a pressing issue that affects industries worldwide, including the Ready-Made Garments (RMG) sector. As the world shifts towards sustainable practices, RMG factories are exploring various avenues to reduce their carbon footprint. One such solution gaining traction is the utilization of carbon credits. In this article, we delve into the benefits of carbon […]
Beyond Fast Fashion: The Role of Upcycling in Shaping Fashion’s Future
In an era where sustainability is no longer just a buzzword but a pressing necessity, the fashion industry finds itself at a crossroads. The rampant pace of fast fashion has left a trail of environmental devastation, prompting both consumers and designers to seek alternative paths towards a more eco-conscious future. Among these paths, upcycling emerges […]
Potential of Generative AI in India’s Fashion Landscape
Introduction The fashion industry in India is currently experiencing a significant transformation with the integration of generative artificial intelligence (AI). This transformation is marked by promising figures, with the market projected to soar to approximately USD 1,475.4 million by 2032, showcasing a remarkable growth rate from USD 69.0 Mn in 2022, growing at a […]
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 […]
Fashion’s Thorny Makeover: Cactus Leather Takes Center Stage in Sustainability
Cactus leather is transforming the fashion landscape, offering a sustainable and eco-friendly alternative that has garnered attention for its cruelty-free approach. Derived from the prickly pear cactus, this groundbreaking material presents numerous benefits: Lower Carbon Footprint: Cactus leather stands out with a significantly reduced carbon footprint compared to traditional leather and synthetic fabrics. This makes it […]
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 […]
Made-to-Measure Customised Shoes Market in India
Introduction to Made-to-Measure The Indian footwear market is a vast and ever-growing industry, with a wide range of products to cater to diverse consumer needs where Made-to-Measure shoes are also a trend. In recent years, there has been a growing trend towards made-to-measure customized shoes in India, as people become more discerning about their style […]
