Textile

Garment suppliers ‘stronger working together’

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DHAKA – A leading Bangladeshi garment factory owner is calling for manufacturers in the normally “cut-throat industry” to work together as they battle to save their businesses during the coronavirus pandemic.

Denim Expert Ltd owner Mostafiz Uddin, who is also founder and CEO of Bangladesh Denim Expo and Bangladesh Apparel Exchange (BAE), said tens of thousands of garment factories around the world were facing financial ruin.

“Cash is the lifeblood of our industry, and right now, many thousands if not tens of thousands of garment factories around the world are running out of it,” he wrote in an op-ed feature in the Daily Star newspaper in Bangladesh.

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