Garment exporter Bangladesh faces $6 billion hit as world retailers cancel orders

Garment exporter Bangladesh faces $6 billion hit as world retailers cancel orders

Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid cancellations from some of the world’s largest brands and retailers, two major industry bodies said on Tuesday. The two groups, which represent the vast majority of the readymade garment and knitwear manufacturers in the […]

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