Bangladesh Denim Expo’s Post

'Tis the season of conferences and events and the Gherzi team is busy as ever! It has been incredible to be part of the ITMF - International Textile Manufacturers Federation Annual Conference along with the IAF World Fashion Convention, hosted by the Uzbekistan Textile and Garment Industry Association in the historic city of #Samarkand. Set against the backdrop of the ancient Silk Route, this gathering brought together over 200 international leaders to explore the theme: “Innovation, Cooperation, and Regulation – Drivers of the Textiles & Apparel Industry.” Gherzi Partners Karim Shafei, Navdeep Sodhi, and Laurent Aucouturier attended the event. Karim's insightful talk titled “Uzbekistan – A Giant in the Making,” where he explored Uzbekistan’s journey and its promising future in the textile industry was well received! #Uzbekistan has been on an extraordinary journey of transformation. With significant reforms since 2016, the country has built a robust cotton sector, fostering investment in textile mills and achieving major milestones like the eradication of systemic child and forced labor in 2022! Today, Uzbekistan stands as one of the ⭐ top 3 global exporters of cotton yarn ⭐ , thanks to its consistent focus on #sustainability, #circularity, and #innovation. At #Gherzi, we’ve been proud partners in this progress, providing expertise to plan state-of-the-art textile mills and aligning Uzbekistan’s textile sector with global sustainability standards along with the #EU #circularity goals. Our deep industry knowledge has been key to supporting the nation’s integration into global value chains. #ITMF2024 #TextileTransformation #SustainableTextiles #CircularEconomy #Gherzi #UzbekistanTextiles #Cottonsector #InnovationInAction #GlobalValueChains #TextileGrowth #GherziTextil #WorldFashionConvention

#SUNTECHInsights Bangladesh seeks Chinese cooperation to producing high-value garments. Seeking Chinese investment in high-end textiles and backward linkage industries in #Bangladesh would benefit both parties. By upgrading technology and equipment to produce high-value products, as well as increasing capacity to produce more high-value garments. Both sides expressed optimism about undertaking cooperative efforts to enhance Bangladesh's #garment production capacity through knowledge exchange and technical skill enhancement.

Mohammad Hatem, Executive President of the Bangladesh Knitwear Manufacturers and Exporters Association, attended the third policy dialogue event on "Navigating the RMG Industry Shifts by 2030," hosted by LightCastle Partners in collaboration with The Policy Exchange Bangladesh. During the discussion, he advocated for duty-free access on importing raw materials to produce Man-Made Fibers (MMF) to facilitate diversification in fiber production. This move, he noted, would significantly enhance the competitiveness of Bangladesh’s textile sector. The discussion was part of the Bunon 2030 initiative under the "Oporajita - Collective Impact on Future of Work" project, supported by The Asia Foundation and funded by the H&M Foundation Visit the link🔗 in the comments to learn more. #Apparel #Workers #Sustainability #Circularity #Technology #Economy #Growth #Investment #Export #Development #Policy

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡'𝐬 𝐑𝐌𝐆 𝐅𝐮𝐭𝐮𝐫𝐞: 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐃𝐞𝐧𝐢𝐦 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐧 𝐭𝐡𝐞 𝐏𝐚𝐭𝐡 𝐭𝐨 $𝟏𝟎𝟎 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐄𝐱𝐩𝐨𝐫𝐭 𝐆𝐨𝐚𝐥. Bangladesh's Ready-Made Garment (RMG) industry is on track for remarkable growth as it strives to reach its ambitious $100 billion export target by 2030. Premium finished denim is a key contributor to this goal, offering a strong opportunity to boost revenue within the broader RMG sector. Recent data highlights that premium denim can command up to 30% higher export prices compared to standard denim. This price premium reflects the added value of high-quality finishes and innovative designs, which attract discerning buyers globally. As Bangladesh leverages its competitive pricing and advanced production capabilities, focusing on premium products can enhance profit margins and solidify its position as a leading player in the global denim market. By emphasizing quality and value, Bangladesh’s denim sector is set to drive substantial growth and achieve its export goals. Explore the 17th edition of the Bangladesh Denim Expo on November 4–5, 2024, at ICCB, Dhaka, and see how Bangladesh is setting the standards in the global denim industry with sustainable and value added denim offerings. Learn more: https://lnkd.in/gpwayGcj Register now: https://lnkd.in/gKEveDzA #DenimExpo #BDE17 #Sustainability #Innovation #DenimExpo #BDE17 #Sustainability #Innovation

How to Bangladesh become a Global Textile Hub

This week our team, Fernanda Oliveira & Eva Potoczny had the opportunity of meeting with the Minister (Commercial) Md. Mizanur Rahman, from the Bangladesh Embassy in Paris at Texworld Apparel Sourcing Paris. Insightful discussions were opened on the dynamic potential of the Ready-Made Garment (RMG) sector and the impactful “Made in Bangladesh” initiative. Key points discussed include: - Bangladesh's leadership in Sustainable Garment Manufacturing with 204 LEED-certified green factories, including 74 platinum and 116 gold-rated facilities. - The significance of the “Made in Bangladesh” Initiative, spearheaded by the Ministry of Commerce, in showcasing Bangladesh's industrial growth and development on a global scale. - The country's focus on Quality and Competitiveness, emphasizing quality, on-time delivery, and competitive pricing to maintain its global leadership in apparel sourcing. - The ongoing Green Factory Transformation, where eco-friendly facilities are reducing emissions, pollution, and energy consumption through sustainable practices to stay competitive in the market. We look forward to contributing to the success and growth of Bangladesh’s RMG sector. Together, we can drive innovation and sustainability in the global fashion industry. #Bangladesh #RMG #Sustainability #Innovation #MadeinBangladesh

Technology and Innovation are really the key features to sustain and grow in this challenging business environment

Almost 11 years ago, on April 24, 2013, the collapse of the Rana Plaza textile factory building in Bangladesh occurred - a tragedy killing more than 1,100 people and injuring another 2,500 people, making it the fourth largest industrial disaster in history. Fashion Revolution week was initiated to commemorate this tragic incident. It stands against the erasure of history exploitation and injustice in the fashion industry. ARMEDANGELS does not produce in Bangladesh, but we continue to support the NGWF with the sale of our Fash Rev t-shirt, which is fighting for the rights and human dignity of workers in the Bangladesh garment industry through legal means. "People make our products. Because they are made by human hands. Without these people, we wouldn't have a product. And so it is our job to ensure that working conditions are good for people - no matter where they live. And only if we take good care of people, people can also take good care of our planet." - Julia Aruni Kirschner, Director Impact & Innovation

The textile and garment industry, a cornerstone constituting a significant 8.5% of the nation's GDP, this sector stands as a powerhouse of economic resilience and growth. Employing a staggering 40% of the industrial workforce, it not only drives employment but also fosters a culture of craftsmanship and innovation deeply rooted in Pakistan's rich cultural heritage. With a legacy spanning decades, Pakistan's textile industry has evolved into a global player renowned for its quality and diversity. From cotton to silk, each thread weaves a narrative of skill and dedication, bolstering international trade and positioning Pakistan as a leading exporter in the global marketplace. This vibrant industry not only meets global demands but also champions sustainable practices, paving the way for a greener future. Beyond economic metrics, Pakistan's textile and garment sector embodies a narrative of resilience and adaptation. Through technological advancements and strategic investments, it continues to carve new paths in fashion and textiles, aligning tradition with modernity. As a cornerstone of national pride and prosperity, this industry remains committed to shaping a brighter, more sustainable future for generations to come. #MJMS #Facts #TextileIndustry #GarmentIndustry #EconomicGrowth #PakistanEconomy #SustainableFashion #Craftsmanship #GlobalTrade #Innovation #CulturalHeritage

The garment industry in Bangladesh is at a critical juncture. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) acknowledges the need for a significant transformation. The push for a new branding division signals a crucial shift towards transparency and accountability. The industry's future hinges on rebuilding trust and credibility. It's time for a fresh start. #BGMEA #Bangladesh #GarmentIndustry #Credibility #Transformation #GlobalSupplier