Bangladesh'S Turmoil Will Force Clothing Buyers To Turn Around.
P, an important industry leader, said that global buyers are looking for stable alternative suppliers and have pferred orders from 30% to 35% to Bangladesh's competitive countries. India, Indonesia and Vietnam have become new winners.
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Less than P, for example, in November 2013, India's apparel shipments grew by 21%, while Bangladesh textile operators were trying to attract buyers from the retail outlets.
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< p > Bangladesh < a href= "http://www.91se91.com/news/index_c.asp" > garment manufacturing < /a > and BGMEA Shahidullah vice president Md Shahidullah Azim said: "buyers want cheap products and quick shipment. What can we do? Because of the relationship between strikes and road blockades, factories can not run production for 23 days from November 1, 2013 to December 12th", "not only 2014 Summer orders, but even autumn orders will be seriously affected".
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< p > industry groups estimate that the political violence before the general election in Bangladesh in January 2014 has caused a huge loss of blood loss to textile manufacturers from 65 million dollars a day since November 2013.
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The vice president of P > BGMEA, Md Shahidullah Azim, warned that there might be 600 to 700 factories closed in February 2014, causing tens of thousands of workers to be unemployed.
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< p > in addition, Mohammad Hatem, vice president of knitting manufacturers and Exporters Association of Bangladesh, said that because of the attack by Spanish retail representatives in Bangladesh capital Dhaka in November 2013, buyers issued a "Red Alert" to Bangladesh.
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< p > he added that the representatives of JHK Trader had placed an order with Wisdom Attires Ltd, but eventually left Dhaka, making the paction failed. "Almost no buyers came to Dhaka in the past two months, they said they could not follow up the progress after the order."
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< p > Bangladesh manufacturer < a href= "http://www.91se91.com/news/index_c.asp" > Nassa < /a > the group has an annual turnover of US $200 million. Its senior cadre said that the company's business representatives and Wal-Mart and Kmart representatives met in mainland China and Hongkong respectively, but not in Bangladesh.
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< p > "buyers are very hesitant.
In the past two months, the export volume of the company has dropped sharply, "said the senior cadre of the Nassa group.
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KI Hossain, chairman of Bangladesh Garment Buying House Association, estimates that the buyers' visit rate dropped by 10% in the three months from 2013 to December compared with the same period in 2012. P KI Hossain, chairman of the Bangladesh clothing purchasing Association, estimates that
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< p > > a href= "http://www.91se91.com/news/index_c.asp" > dress less than /a > there are more than 300 companies under the Purchasing Association, almost all local enterprises. The chairman, Hossain, said: "from 11 to December 2013, buyers did not deal with us.
Although some buyers came to visit, they all rushed away from Bangladesh without any record of paction ". In addition, the clothing retailers that visited Bangladesh in November included Boi Trading, Bonmarche and Bluenotes Canada.
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< p > although the statistics of textile exports in November have not yet been released, many industry leaders worry that overseas sales will drop sharply.
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< p > however, the latest data show that the export of garments and garments in Bangladesh has increased sharply, and it has grown nearly 21% in the first five months of fiscal year 2013-2014.
From 2013 to November, the export volume of garments increased to US $9 billion 650 million, an increase of US $7 billion 990 million over the same period in 2012, and exceeded the target value of US $9 billion 200 million in the plateau of 7.
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According to Bangladesh's National Export Promotion Agency (EPB) data, exports of woven garments increased by 21% in the five months from 2013 to 3 billion 990 million US dollars from the same period in 2012 to 4 billion 750 million US dollars, while the export of knitted garments increased from 4 billion 70 million US dollars to US $4 billion 900 million and grew by 20.48% over the past five months.
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