Sunday, February 23, 2025

Exporters race to convince under-pressure buyers

Garment exporters are in hectic negotiations with international buyers to retain market as pressure on buyers from their respective country mounts following the collapse of
the building that housed five clothing factories at Savar.
More than three hundred bodies, mainly apparel workers, were recovered by Saturday from the rubble of the building that collapsed on Wednesday morning. More than a thousand were injured.
Rights groups and the media in different countries have launched protests again against international retailers such as Walmart, Gap, H&M, Benetton, Mango, Joe Fresh, Primark and C&A for taking cheap clothes from Bangladesh at the expense of lives of hundreds of poor workers.
They said that global brands continued to look for ways to race to the bottom on prices of products which involves cutting corners on health and safety.
‘The prices that they [global retailers] pay, they assure us, are enough to pay workers enough to live on and keep factories in tip top condition. But, faced with constantly decreasing incomes, factory owners inevitably let things slide, like replacing faulty machinery or fixing worrying building subsidence,’ wrote Anna McMullen, a campaigner for Labour Behind the Label, in a CNN write-up.
Leaders of the Bangladesh Garment Manufacturers and Exporters Association said that they were continuously updating the buyers about the Savar building collapse.
The building, Rana Plaza, housed five garments that have links with a number of international retailers.
The BGMEA, which is also under pressure within the country for failing to ensure work-place safety, assigned one of its vice president Shahidullah Azim to negotiate with the buyers and convince them about the steps the association will take to stop such kind of incident in future, they said.
The garment exporters feared that the export order would fall because of the negative impact of the Savar tragedy as the buyers were now shaky in placing order in Bangladesh fearing backlash at home.
Labour groups in the United States on Friday distributed photos showing that they had discovered garments with labels from JC Penney and El Corte Inglés, the Spanish retailer, at the site of the collapse, reports New York Times on Friday.
Seeking to press American retailers to do more to assure factory safety in Bangladesh, dozens of worker advocates held protests on Thursday at the Gap’s headquarters in San Francisco and at a Walmart store in Renton, Wash, it said.
In London, rights activists held demonstration outside Primark’s flagship store on Saturday demanding full compensation, including loss of earnings, to the injured workers and the families of those who lost their lives in Savar tragedy, and action to prevent any future disasters.
Primark is at loggerheads with campaigning organisations over signing up to an action plan that will prevent building collapses in Bangladesh.
NGOs have called on Primark, whose supplier Simple Approach occupied the second floor of the eight-storey Rana Plaza building that collapsed, to sign up to the Bangladesh Fire and Safety Agreement but the company has shown little interest in signing the agreement.
The Savar incident has also shaken the Canadian retailers as the country’s clothing line Joe Fresh, sold in Loblaw stores, was among the customers of the factories operating in the Savar building and has faced fierce customer backlash this week, reports Canadian national news agency The Canadian Press.
Loblaw said it would send its senior officials to Bangladesh in the wake the building collapse.
The company will also be one of several major Canadian retailers to take part in an ‘urgent’ meeting Monday with the Retail Council of Canada.
The retail council’s president and CEO wouldn’t confirm what other companies will be involved in the meeting, other than to say it will be a strong
representation of retailers across the country, including those who usually
participate in the council’s responsible trade committee.
‘We will be looking at what are the efforts that have been made and what else needs to be done? Where do we need to put pressure? We will also be discussing these issues with the federal government,’ said a senior executive of the company.
Senior representatives from Loblaw’s supply chain team will meet local officials in Bangladesh to get ‘a precise response on what caused this tragedy,’ the company said in a statement late Friday.
‘We are committed to finding an approach that ensures safe working conditions, drives lasting change in the industry and help prevents other tragedies,’ spokeswoman Julija Hunter said in the statement.
One of Canada’s highest profile labour groups criticised the Canadian government on Friday for being silent about previous labour violations in Bangladesh.
The federal government is ‘thus complicit in the recent tragic event,’ said a statement from the Canadian Labour Congress.
Safety audit measures were obviously lacking or not enforced by the Bangladeshi company involved in the latest tragedy, CLC president Ken Georgetti said in the statement.
‘Unfortunately, Canada is visibly absent from international discussions to reform current social auditing systems, and to impose accountable reporting standards on companies such as Loblaws, which buy products from other countries.’
Canada and other countries should be more aggressive in pushing for a strong and enforceable system of workplace health and safety in Bangladesh, Georgetti said.
BGMEA president Md Atiqul Islam on Friday told New Age that the building collapse incident at Saver largely affected the image of the country in abroad following devastating Tazreen factory fire five months back.
Former BGMEA vice-president Siddiqur Rahman said that they feared that the buyers would now be hesitant in placing orders in Bangladesh.
‘I have started my work and have already contacted with a number of buyers like C&A and H&M’, Shahidullah Azim said while talking to New Age on Saturday.
He said the Saver tragedy would take a long time to overcome the consequence as the country was yet to overcome the effect of the Tazreen Fashions fire.
‘Buyers are closely monitoring that what kinds of measure we are taking over the situation and we are trying to convince them,’ Azim said.
The US newspaper Washington Post on Saturday said Bangladesh’s economic outlook had darkened after the Savar incident.
‘Even before Bangladesh’s Rana Plaza building collapsed this week, killing at least 300 garment workers, the country’s $19 billion clothing-export industry was feeling the
pressure of a worsening confrontation between prime minister Sheikh Hasina and her political enemies,’ it said.
Western buyers’ patience had already begun to fray. Many garment manufacturers believe that the Rana Plaza tragedy, coupled with the threat of more disruptive political turmoil ahead, will prompt retailers such as Walmart gradually to shift production away from Bangladesh, the second-largest garment exporter in the world after China, it said.

-With New Age input

Related News

Green Delta launches Bangladesh’s first insurance for pets

Initially, the policy will cover dogs and cats Sukanta Halder Green Delta has launched the country’s first insurance for pets, which the insurer sees as a milestone for the industry. This innovative product provides crucial financial protection for beloved companion animals, covering a range of unforeseen events, including accidental injuries, critical illnesses, and specified diseases, ... Read more

Apex Bangladesh Fashion Legacy 2025 combines cultural heritage with global style trends

Business Desk : dhakamirror.com Keeping pace with global fashion trends while celebrating the country’s fashion heritage, innovative designs, and sustainable production, the second edition of the “Apex Bangladesh Fashion Legacy Fashion Show 2025” was held in Dhaka. This grand event took place at the Aloki Convention Hall at 7pm on February 8. The fashion show ... Read more

Walton launches ‘AC Exchange Offer’

Business Desk : dhakamirror.com Walton on Wednesday announced launch of ‘AC Exchange Offer’ in which customers can buy Walton’s new air conditioners and get 25 per cent discount in exchange of their used ACs of any brands, said a press release. The company also announced a 5-year warranty facility for some printed circuit board models ... Read more

Grand event ‘GPH Maharaj Darbar’ held by GPH Ispat

Business Desk : dhakamirror.com GPH Ispat Limited, one of the leading manufacturers of steel rebar in Bangladesh, recently organised “GPH Maharaj Darbar-2024.” A total of 185 channel partners of the company across the country participated in the two-day event, according to a press release. The company recognised top-performing partners in various categories based on their ... Read more

SMC’s 50-year journey: innovation and success

News Desk : dhakamirror.com Social Marketing Company (SMC), a not-for-profit organisation, has completed 50 years of remarkable operations in the health sector of Bangladesh. Over the past five decades, the company has achieved significant milestones by marketing innovative products and delivering essential healthcare services. SMC recently organised a programme at the InterContinental Dhaka to celebrate ... Read more

Walton receives orders amounting Tk 350 crore at ATS Expo

Business Desk : dhakamirror.com Walton received orders worth around Tk 350 crore from various local and foreign companies at the “Advanced Technology Solution-ATS Expo 2024”, the country’s sole industrial expo organised by tech-giant Walton. SM Mahbubul Alam, managing director of Walton Hi-Tech Industries, provided the disclosure at the event’s closing ceremony. The three-day expo ended ... Read more

Big price drop on Walton desktops, extra 10% off for online orders

Business Desk : dhakamirror.com Walton Digi-Tech Industries Limited, the leading technology product manufacturing and marketing company in Bangladesh, has come up with a huge price drop on its desktop computers. This attractive price drop is applicable on the company’s AMD Ryzen™ processor-powered Avian series desktops. Under this, customers are enjoying a minimum price drop of ... Read more

bKash wins Mastercard Excellence Awards

Business Desk : dhakamirror.com bKash, the largest mobile financial service (MFS) provider in Bangladesh, recently won an award at the “Mastercard Excellence Awards” in recognition of its exceptional contributions to advancing financial inclusion and fostering a robust digital economy. The MFS provider was awarded by the US-based digital payment provider in the digital business category ... Read more

Dhaka resident buys Marcel fridge, wins car

Business Desk : dhakamirror.com Anisur Rahman, a resident of Uttarkhan, Dhaka, became the first lucky winner of a brand-new car under Marcel’s Digital Campaign Season-21, after purchasing a Marcel refrigerator. This campaign offers customers a chance to win a free car or assured gifts with the purchase of Marcel refrigerators, air conditioners, washing machines, and ... Read more

Banglalink teams up with Vivo to provide special data deals for youth

Business Desk : dhakamirror.com Banglalink, the country’s innovative digital operator, has partnered with vivo to launch a data offer specifically designed for tech-savvy youth. This collaboration aims to provide more convenient access to various digital services and exclusive content. Aligned with the ‘Youth’s Choice Smartphone’ proposition, Banglalink is offering 18GB of free data with the ... Read more

Emirates adjudged Best Airline in the World at the ULTRAs 2024 Awards

Business Desk : dhakamirror.com Emirates has once again been honored with the title of ‘Best Airline in the World’ at the esteemed ULTRAs 2024 Awards. Recognized by thousands of travelers worldwide, the airline stood out for its outstanding products, innovative services, and exceptional value-for-money experiences. Thierry Aucoc, Emirates Senior Vice President Commercial Operations in Europe ... Read more

Remittance rises in Oct, SOBs log larger share

Business Desk : dhakamirror.com Remittance inflow to Bangladesh increased by more than 21 per cent in October compared with that in the same month in the past year, as expatriates favoured official channels, mainly state-owned banks, following a significant political shift in the country on August 5. Bangladesh Bank data showed that remittance inflows reached ... Read more

Oppo celebrates tenth anniversary in Bangladesh with O Fans festival

Business Desk : dhakamirror.com Emphasising celebration and appreciation, OPPO, a leading global technology brand, is excited to announce its SUPER OFFER as part of the ‘O Fans Festival’ to celebrate its 10th anniversary in Bangladesh. The festival theme, “SUPER OFFER,” highlights unforgettable experiences for its dedicated fans through exclusive prizes and substantial super discounts on ... Read more

Bangladesh Travel and Tourism Council launched

Business Desk : dhakamirror.com A new think tank, Bangladesh Travel and Tourism Council (BTTC), has started its journey in a bid to create a network of professionals and businesses to foster collaboration and knowledge exchange in the local travel, tourism and hospitality sector. The council held its first meeting at a hotel in the capital ... Read more

Ethiopian airlines set to touch Dhaka’s runway

Business Desk : dhakamirror.com Ethiopian Airlines, the largest airline in Africa and part of the Star Alliance, will begin operations in Bangladesh next Sunday with its first flight on the new Addis Ababa-Dhaka route. The airline will provide five direct flights each week, giving Bangladeshi travelers access to over 155 global destinations, including major cities ... Read more

Unilever’s 15th edition of BizMaestros launches Nov 3

Business Desk : dhakamirror.com The 15th edition of BizMaestros-UFLP, the flagship business competition of Unilever Bangladesh, embodying the “Thrill of Real Business”, is all set to begin on November 3. As a leading player in the FMCG sector, Unilever Bangladesh has been at the forefront of skill development initiatives for over six decades, establishing BizMaestros ... Read more

Banglalink introduces affordable 4G Phone in partnership with Symphony

Business Desk : dhakamirror.com Banglalink and Symphony have joined forces to launch the “My First 4G Phone” campaign to make 4G technology more accessible and affordable. Through this campaign, they seek to bridge the digital divide by offering high-quality 4G phones at an unbeatable price, empowering more people to benefit from fast, reliable internet connectivity.The ... Read more

Bashundhara Toiletries introduces “Alora 2in1” Hair & Body Wash: first ever in Bangladesh

Business Desk : dhakamirror.com Bashundhara Toiletries announced the launch of “Alora 2-in-1” Hair and Body Wash, an innovative product designed to simplify your daily care routine. As Bangladesh’s first 2-in-1 solution for both hair and skin, Alora offers a unique blend of premium ingredients that cleanse, nourish, and revitalize. “Alora 2-in-1” is formulated with two ... Read more

350cc Royal Enfield set for Bangladesh launch on October 21

Business Desk : dhakamirror.com Ifad Motors, the manufacturer and sole distributor of Royal Enfield motorcycles in Bangladesh, is gearing up to launch the iconic motorcycle brand in the country on Monday (21 October). Four models will be introduced: Bullet, Meteor, Hunter, and Classic and the bikers will have 12 different colour options at competitive prices ... Read more

Luxury car sales slow to a near-stop

Market players blame economic and political uncertainty Jagaran Chakma Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh. According to various market insiders, sales have fallen by about 95 percent ... Read more