New work orders are coming to the Bangladesh
apparel industry. Many factories have received
enough orders to work until September. As a result,
the apparel industry is slowly turning around.
The amount of purchases that are coming now is said
to be good by the owners of the garment industry. At
least eight factory owners said that 70-80 percent of the
purchase orders are coming back compared to last time.
Garment exports have taken a turn in June as
many big brands have resumed buying suspended
and cancelled orders. However, there is still some
uncertainty as the risk of global COVID-19 infection
has been reduced and no vaccine has been discovered.
Garment factories were closed for a month it
exported only $370 million worth of clothing in April,
the lowest in two decades. The next month, garments
worth $1.23 billion were exported. In June, it rose to
$2.25 billion. Even then, in the outgoing of the 2019-20
fscal year, garment exports amounted to $27.95 billion,
which is $6.17 billion less than the previous year.
The Pacifc Jeans Group in Chittagong has exported
about $400 million worth of garments in the 2019-
20 fscal year. Their exports have not decreased or
increased compared to the previous fnancial year.
Syed Mohammad Tanvir, Director of Pacifc Jeans,
said that their factory has 60-70 percent of the
purchase order compared to the last time. He said,
there are purchases order till September.
On condition of anonymity, an experienced
entrepreneur said that he is not worried about the
purchase order until September. Like last time, there
are purchase orders in the factory. The purchase
orders have not decreased due to the COVID-19, rather
he has received purchase orders from two new buyers.
Another big company in the garment sector is Rising
Group in Dhaka. They export about $130 million in a year.
Mahmud Hasan Khan, Managing Director of Rising
Group, said that their buyers have started taking the
canceled and suspended orders’ products. However,
they had to pay a discount of USD 460,000 to one
of their buyers.
Mahmud Hasan Khan added, "We were horrifed when the purchase order was canceled and
suspended at the beginning of the pandemic.”
The BGMEA, an association of garment industry
owners, said that garments worth $970 million had
been exported from July 1 to 12. Garments worth $119
million were exported during the same period last year.
Envoy Group is another big exporter of garments in
Abdus Salam Murshedy, former President of BGMEA,
said that even though the big factories have received
orders to survive, the small and medium factories
are not getting the same. So they need at least two
months of support for their workers' wages.
Last month, BGMEA and BKMEA, two garment
industry owners' organizations, demanded fresh
money for wages for July, August and September.
According to BGMEA, a $316 million garment
export order in Corona was initially canceled
and suspended. Of these, Primark canceled and
suspended $38.91 million, Inditex $1.02 million,
Bestseller $978669, Mothercare $660307, Kohls
$636724, Gap $448065, Jesse Penny $412692,
Walmart $224032, Debenhams $212241 and Ralph
Lauren $117912 (the amount is estimated).
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