EPZ WORKERS GET 50% HIKE IN NEW MINIMUM WAGE:
Bangladesh government on December 10th announced a new minimum wage for over 480,000 workers in export processing zones (EPZs), a fortnight after it finalized...
SIX RECYCLING INNOVATIONSTHAT COULD IMPACT APPAREL INDUSTRY
The apparel industry indeed has been facing significant challenges related to environmental sustainability and waste management. The industry is known for its enormous waste...
Nike’s revenue increases to US$13.4bn in 2nd quarter
Footwear brand Nike has reported its financial results for the second quarter of the 2024 fiscal year, when revenues increased by 1% year-on-year to...
Nike slashes revenue projection to save $2 bn over next 3 years
Nike recently announced its plan to save $2 billion over the next three years through strategic measures.
These include limiting the supply of specific items,...
Solar EPC to install 100 MW rooftop solar plant in 2024
Solar EPC Development Ltd. (SEPC) is a leading and fastest-growing solar power project developer and consultancy firm, targets to install a 100 MW Rooftop...
Government support is required to strengthen Bangladesh’s spinning sector
Bangladesh’s textile and apparel industry is still facing order challenges from all brands and retailers due to the worldwide political and financial crisis. As...
