Bangladesh Apparel Exchange

𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐭 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐢𝐧𝐠: 𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 𝐑𝐌𝐆 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐬 $𝟗.𝟐𝟑 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐐𝟏 𝐄𝐱𝐩𝐨𝐫𝐭 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬. Despite the multitude of challenges, Bangladesh's readymade garment (RMG) sector continues to thrive, recording $9.23 billion in export earnings in Q1 of FY25, a 5.34% growth. Investments in innovation, green manufacturing, and automation have strengthened Bangladesh's competitive edge. As global buyers prioritize ethical sourcing, the country's commitment to sustainable practices further boosts its appeal. Amid rising costs and shifting market dynamics, Bangladesh's RMG sector demonstrates its capability to lead in the global textile market while overcoming adversities with innovation and resilience. Learn more about how we are accelerating the progress of the Bangladesh apparel industry: https://lnkd.in/gDjvYBam Read the news: https://lnkd.in/gAuVbB83 #BangladeshApparelExchange #RMGManufacturing #RMG #Bangladesh #Sustainability #Innovation

𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐭𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭: 𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐀𝐜𝐭𝐢𝐨𝐧 𝐅𝐨𝐫𝐮𝐦 𝟐𝟎𝟐𝟒 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬! The much-anticipated post-event report of the Bangladesh Climate Action Forum 2024 is here! Dive into the highlights of this groundbreaking event, themed "Bangladesh Fashion: Driving Collective Climate Action." Explore key insights, impactful discussions, and actionable outcomes shared by industry leaders, policymakers, and sustainability pioneers. Discover how this forum ignited collaboration across sectors to address pressing climate challenges and paved the way for innovative, climate-resilient solutions. Download here: https://lnkd.in/djWbR8tx #BangladeshClimateActionForum #BangladeshRMG #ClimateAction

𝟏𝟎𝟐 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐓𝐨𝐧𝐧𝐞𝐬 𝐛𝐲 𝟐𝟎𝟑𝟎: 𝐂𝐚𝐧 𝐅𝐚𝐬𝐡𝐢𝐨𝐧 𝐓𝐮𝐫𝐧 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞? The global fashion industry's textile consumption is projected to surge from 62 million tonnes annually to 102 million tonnes by 2030—a staggering 40 million tonnes increase in just six years. This rapid growth underscores the urgent need for sustainable practices across the fashion value chain. Currently, 87% of textiles end up in landfills or incinerators, while less than 1% are recycled into new garments. Such wastefulness contributes to 10% of global carbon emissions and 20% of water waste. With the fashion industry also responsible for 35% of primary microplastic pollution, adopting recycling programs, eco-friendly materials, and consumer education is critical. Addressing this massive expansion responsibly is essential to mitigating the environmental footprint of global textile use. Learn more about how we are making Bangladesh apparel industry sustainable: https://lnkd.in/gDjvYBam #BAE #BangladeshApparelExchange #RMG #Bangladesh #Sustainability #Innovation

𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡'𝐬 𝐑𝐌𝐆 𝐅𝐮𝐭𝐮𝐫𝐞: 𝐂𝐚𝐩𝐢𝐭𝐚𝐥𝐢𝐳𝐢𝐧𝐠 𝐨𝐧 𝐍𝐨𝐧-𝐂𝐨𝐭𝐭𝐨𝐧 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐃𝐞𝐦𝐚𝐧𝐝. Bangladesh’s ready-made garments (RMG) industry is witnessing a rising demand for non-cotton apparel, which has surged by 78% in its share of total fiber production over the past five years. With non-cotton apparel representing 75% of global exports, Bangladesh must diversify its export portfolio to stay competitive against major exporters like China, Vietnam, and Italy. Protective textiles, a growing segment within technical textiles, offer a promising path for diversification. Used in industries such as oil and gas, civil defense, and military, protective apparel meets the demand for functional clothing with life-saving properties. By investing in technology and raw material sourcing, Bangladesh’s RMG sector could capture a share of this high-growth, non-cotton market and achieve sustainable expansion. Learn more about how we are accelerating the progress of the Bangladesh apparel industry: https://lnkd.in/gDjvYBam #BangladeshApparelExchange #RMG #Bangladesh #Sustainability #Innovation #NonCotton

𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 𝐚 𝐋𝐚𝐧𝐝𝐦𝐚𝐫𝐤 𝐑𝐞𝐩𝐨𝐫𝐭: '𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 – 𝐁𝐞𝐧𝐜𝐡𝐦𝐚𝐫𝐤𝐢𝐧𝐠 𝐆𝐚𝐫𝐦𝐞𝐧𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐏𝐫𝐨𝐠𝐫𝐞𝐬𝐬. We are excited to announce the release of the highly anticipated report, “Bangladesh – Benchmarking Garments Industry Progress”, a comprehensive analysis of the growth, resilience, and transformative journey of Bangladesh’s garments sector, authored by Mostafiz Uddin, Founder & CEO of the Bangladesh Apparel Exchange. This insightful report offers a deep dive into the evolution of the industry, from its early days to its position today as a global leader in apparel manufacturing. Readers will gain valuable perspectives on the industry's pivotal role in the country’s economy, its contributions to sustainable development, and its alignment with international benchmarks. This report promises to inform and inspire, offering key takeaways to drive meaningful action within and beyond the garments sector. Download the report here: https://lnkd.in/gntxPBsF Or scan the QR code to access the report directly! #BangladeshApparelExchange #RMG #Bangladesh #Sustainability #Innovation

𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 𝐬𝐭𝐚𝐧𝐝𝐬 𝐭𝐨 𝐮𝐧𝐥𝐨𝐜𝐤 𝐚 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 $𝟒–𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐧𝐮𝐚𝐥 𝐞𝐱𝐩𝐨𝐫𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧 𝐫𝐞𝐜𝐲𝐜𝐥𝐞𝐝 𝐭𝐞𝐱𝐭𝐢𝐥𝐞 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐛𝐲 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐢𝐧𝐠 𝐚 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐜𝐢𝐫𝐜𝐮𝐥𝐚𝐫 𝐭𝐞𝐱𝐭𝐢𝐥𝐞 𝐩𝐨𝐥𝐢𝐜𝐲. According to a joint study by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and Swedish retailer H&M, establishing clear regulatory frameworks could incentivize the informal post-industrial textile waste (Jhut) economy, enhancing recycling capabilities and productivity. Currently, the country recycles only 18,000 to 24,000 tonnes of apparel-grade yarns, representing just 5-7% of the annual 330,000 to 500,000 tonnes of cotton waste generated. Learn more about how we are accelerating the progress of the Bangladesh apparel industry: https://lnkd.in/gDjvYBam Register now to join Textile Hack and help create circular solutions for Bangladesh's textile sector: https://lnkd.in/ebhtVsND #BangladeshApparelExchange #RMG #Bangladesh #Sustainability #Innovation #Circularity

𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 𝐂𝐢𝐫𝐜𝐮𝐥𝐚𝐫 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 𝐒𝐮𝐦𝐦𝐢𝐭 𝟐𝟎𝟐𝟒'𝐬 𝐏𝐨𝐬𝐭 𝐄𝐯𝐞𝐧𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐬𝐞𝐜𝐨𝐧𝐝 𝐞𝐝𝐢𝐭𝐢𝐨𝐧 𝐢𝐬 𝐨𝐮𝐭 𝐧𝐨𝐰 𝐟𝐨𝐫 𝐲𝐨𝐮 𝐭𝐨 𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝! The much-anticipated post-event report of the 2nd edition of the Bangladesh Circular Economy Summit is now available! Dive into key insights, discussions, and actionable outcomes from the summit, where industry leaders, policymakers, and innovators explored the future of sustainability and circularity in Bangladesh. Download the comprehensive report now and stay updated on how Bangladesh is paving the way for a more sustainable and circular economy! Download here: https://lnkd.in/gVdPgux2 Visit us: https://lnkd.in/gqNJ9u8Y

The recent roadshow at BGMEA University of Fashion & Technology (BUFT) was an inspiring and action-packed event, marking a fantastic start to the upcoming Textile Hackathon. Engaging over 100 enthusiastic students from multiple universities, the roadshow provided a dynamic platform to learn and collaborate on ideas for a sustainable future in textiles. Throughout the event, participants immersed themselves in valuable insights on circularity, guided by our team of experts. In addition to thought-provoking discussions, students had the opportunity to engage in hands-on activities, working together to brainstorm innovative circular solutions. Each team then captured their ideas in creative posters, sharing their concepts with the audience. The energy and ingenuity showcased at the roadshow have set a strong foundation for the Textile Hackathon. We can’t wait to see these ideas evolve and look forward to witnessing more brilliant solutions from all the teams. Keep the momentum going! Secure your spot for the hackathon at: https://lnkd.in/ebhtVsND Submit your idea by 15 Nov 2024, and learn more about Textile Hack at https://textilehack.com. #TextileHack2024 #HackathonBangladesh #Roadshow #CircularSolutions #HackForChange #YouthInnovation Embassy of the Kingdom of the Netherlands in Bangladesh, Netherlands Enterprise Agency , Bangladesh Apparel Exchange, University of Groningen BGMEA University of Fashion & Technology

The Closing Ceremony of the Training of Trainers (TOT) program, held on October 23, 2024, celebrated the dedication and achievement of a committed group of trainers now prepared to guide the next wave of leaders in textile circularity. This program, a joint effort by Bangladesh Apparel Exchange, the University of Groningen, and BGMEA University of Fashion & Technology, was supported by the Netherlands Enterprise Agency (RVO), underscoring a shared commitment to sustainable advancement. Focused on Bangladesh’s RMG sector, the TOT program aimed to address circularity challenges, foster international collaboration, and promote awareness across youth, industry stakeholders, and educational institutions. Throughout the training, participants engaged with circular economy principles, design thinking, and hackathon facilitation. Equipped with these skills, participants from Bangladesh Apparel Exchange and BGMEA University of Fashion & Technology (BUFT) are prepared to guide future innovators in sustainable practices, reinforcing their critical role in advancing circularity through the upcoming hackathon aimed at transforming Bangladesh's textile industry. #TextileHack2024 #HackathonBangladesh #Roadshow #CircularSolutions #HackForChange #YouthInnovation Embassy of the Kingdom of the Netherlands in Bangladesh, Netherlands Enterprise Agency, University of Groningen & BGMEA University of Fashion & Technology

BAE to host second Bangladesh Climate Action Forum this October Bangladesh, home to one of the biggest ready-made garment industries, is all set for the second Climate Action Forum on 10 October 2024 organised by the Bangladesh Apparel Exchange (BAE). Bangladesh Apparel Exchange #garmentindustry #Bangladesh #JSDaily