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Article

23 Mar 2020

Author:
Arun Devnath, Bloomberg

Bangladesh: European & US fashion brands cancel $1.5billion worth of orders

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"European Retailers Scrap $1.5 Billion of Bangladesh Orders", 23 March 2020

European and U.S. buyers including Primark, the budget fashion chain owned by Associated British Foods Plc, have canceled about $1.5 billion of Bangladesh garment orders as the coronavirus outbreak roils demand.

As many as 1,089 Bangladesh garment factories have seen orders getting scrapped, Rubana Huq, president of the Bangladesh Garment Manufacturers and Exporters Association said...

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