Garment factories in Bangladesh lose orders worth $1bn
European and US buyers cancel contracts as coronavirus destroys big fashion houses’ demand for clothing
23 March 2020 - 16:35
Sri Ganganagar — European and US buyers, including the budget fashion chain Primark, have cancelled about $1bn of Bangladesh garment orders as the coronavirus outbreak roils demand.
As many as 347 Bangladesh garment factories have seen orders getting scrapped, Asif Ibrahim, director at the Bangladesh Garment Manufacturers and Exporters Association, said...
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