Why Textile and Apparel B2B Startups Are Failing: The Reality Behind the Struggles
The allure of the textile and apparel industry is undeniable. With its massive global market, there’s a perception that opportunities abound for those who enter the space. However, for every success story, there are numerous B2B startups in this sector that fail to make the cut. The reasons for this are multifaceted, but they all […]
The 4th Industrial Revolution: How AI is Transforming Ready-Made Garments Sector of Bangladesh
Introduction Bangladesh’s ready-made garment (RMG) sector has been a cornerstone of its economy, significantly contributing to the GDP’s growth, job creation, and export revenue. With the ongoing advancements in technology, artificial intelligence (AI) is poised to revolutionize various aspects of this industry, from supply chain management to communication and manufacturing efficiency. AI in Production and Supply Chain […]
Backward Linkage in Vietnam
Introduction Vietnam’s garment industry has undergone a remarkable transformation in recent decades, emerging as a global powerhouse. Driven by factors like low labor costs and strategic free trade agreements (FTAs) (Vietnam Briefing, 2023), Vietnam has become a garment export leader. The sector boasts a workforce exceeding 3 million and contributes significantly to the national economy. […]