Connect with us

    Hi, what are you looking for?

    News

    Potential Impact of Bangladesh Protests on H&M, Uniqlo, and Zara Supply Chains

    Image Source: Unsplash

    H&M, Uniqlo, and Zara could face delays in their new clothing collections due to the ongoing political unrest in Bangladesh.

    These fashion brands, along with many others, depend heavily on Bangladeshi garment factories, which have been closed indefinitely amid the protests, as reported by Reuters.

    The situation turned precarious following the resignation of Prime Minister Sheikh Hasina on Monday, August 5, after nearly 300 fatalities resulted from a crackdown on demonstrations calling for her ousting.

    As of last year, Bangladesh was the third-largest clothing exporter globally, only behind China and the European Union, according to the World Trade Organization.

    H&M has voiced concerns regarding the unrest in Bangladesh, where it sources apparel from around 10,000 factories.

    Zara operates 12 manufacturing clusters, with 98% of its production based in 2022 located in Bangladesh. Meanwhile, Fast Retailing, the parent company of Uniqlo, sources products from approximately 29 factories within the country.

    This disruption compounds existing challenges in the fashion supply chain linked to the ongoing conflict in the Red Sea region.

    H&M has been forced to postpone some of its spring/summer campaigns due to shipping delays and is increasing its efforts to relocate production closer to market while urging suppliers for early shipments to mitigate disruptions.

    Image Source: Unsplash

    You May Also Like

    News

    The CEO of the London Stock Exchange Group (LSEG) has dismissed claims that the exchange eased its regulations in order to accommodate Shein’s prospective...

    Business

    Zalando experienced a notable rise in profits during the second quarter, primarily fueled by robust sales in its sports, designer, and beauty segments. The...

    Fashion

    John Varvatos’ fall 2024 collection, titled “Renascence,” skillfully integrates aspects of its deep-rooted heritage with modern elements, creating a distinctive vision. This blend of...

    Lifestyle

    In the realm of photography, where many artists operate in solitude, there can be a significant sense of isolation. This feeling is particularly heightened...