Friday, February 24, 2017

Top 10 Retailers and Fashion Brands Importing from Bangladesh 2017

Readymade garment (RMG) industry in Bangladesh is a multi-billion-dollar manufacturing and export industry. Bangladesh exports $30 billion ready-made garments every year. This become possible because of low wage cost, favorable business climate, transportation facility etc. The wage cost in Bangladesh is amongst the lowest in the world. Policy support from the government keeps the potential rule to achieve $30 billion. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) are working to strengthen and promote the RMG sector by establishing a healthy business environment, training the workers, improving social compliance status and building relationships among the manufacturers, exporters and importers, with the goal of increasing Bangladesh’s foreign exchange earnings. Now Bangladesh’s vision to achieve $50 billion RMG exports by 2021 on the 50th anniversary of Bangladesh.
Top 10 Retailers and Fashion Brands Importing from Bangladesh
Now Bangladesh share in the global clothing market is about 5.9 %. Bangladesh may be considered the second largest exporter after China which grabbed 39.3% of the global apparel market. We expect that one day Bangladesh will become world top RMG exporting country and that day is not so far. Almost all famous international fashion brands import cloths from Bangladesh. In this article I have given top 10 clothing brands who import from Bangladesh.

List of top 10 retailers and clothing brands importing from Bangladesh 2017

1. H&M
H&M is a Swedish multinational clothing-retail company, known for its fast-fashion clothing, accessories, footwear, cosmetics, and home textiles. The company was founded by Erling Persson in 1947 and it’s headquarters in Stockholm, Sweden. Its market value is $60.8 Billion.

Website: http://www.hm.com


2. Walmart
Walmart is an American multinational retailing corporation. It operates retail stores in various formats around the world. It’s headquarters in Bentonville, Arkansas, USA. The company was founded by Sam Walton in 1962.

Website: https://www.walmart.com/


3. C&A
C&A is an international Dutch chain of fashion retail clothing stores. It’s headquarters in Vilvoorde, Belgium. C&A is founded by August Brenninkmeijer, Clemens Brenninkmeijer in 1841.

Website: http://www.c-and-a.com


4. Zara
Zara is a Spanish multinational clothing and accessories retailer company. It is the main brand of the Inditex group. Zara was founded in 1974 by Amancio Ortega, RosalĂ­a Mera and is headquartered in Arteixo, Spain.

Website: http://www.zara.com
 

5. GAP
Gap is an American worldwide clothing and accessories retailer. GAP was founded by Donald Fisher and Doris F. Fisher in 1969, and is headquartered in San Francisco, California.

Website: http://www.gap.com/
 

6. Target
Target Corporation is the second-largest discount store retailer in the United States, behind Walmart. The company was founded by George Dayton in 1902 and it’s headquarters in Minneapolis, Minnesota, United States.

Website: http://target.com/


7. TESCO
Tesco PLC is a British multinational grocery and general merchandise retailer company. The company was founded by Jack Cohen in 1919 and it’s headquarters in Welwyn Garden City, United Kingdom.

Website: http://www.tesco.com/


8. Carrefour
Carrefour is a French multinational retailer company. The company was founded by Jacques Defforey, Denis Defforey, Marcel Fournier in 1958 and it’s headquarters in Boulogne-Billancourt, France.

Website: http://www.carrefour.com/


9. Levi’s
Levi’s is an American clothing company which worldwide popular for its Levi’s brand of denim jeans. It one of the most famous jean retailers in the world. It was founded in 1853 by Levi Strauss and Headquarters in San Francisco, California, U.S.A.

Website: http://www.levistrauss.com/
 

10. JCPenney
JCPenney is a department store. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside jcpenney and home furnishings.

The company was founded by James Cash Penney in 1902 and it’s headquarters in Plano, Texas, United States. 
 

Sources:
  1. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) http://www.bgmea.com.bd/
  2. Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) http://www.bkmea.com/
  3. https://en.wikipedia.org
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