K+N, Primark and Bolloré all put a brave face on Q1 numbers
The difficulty of presenting year-on-year changes in financial results is becoming ever more apparent, with ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Despite the scale of recent disasters in its garment manufacturing facilities, Bangladesh is now the joint second-largest tailor in the world – a position it shares with Italy, itself described by consultant McKinsey as being of “declining importance”. The apparel industry earns Bangladesh $20bn a year, giving it a market share of just under 5%, which is predicted to rise to $36bn by 2020, which might seem small compared with China’s earnings of $150bn last year, but every foreign clothing retailer interviewed by McKinsey reported they were looking to reduce their exposure to China.
Crew member dies as Maersk Frankfurt catches fire on maiden voyage
Maersk Frankfurt owner declares General Average, as fire-fighting continues
More danger to box ships as Houthis expand Red Sea attack arena
Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
K+N eyes more cost-cutting after first-half profit and market share declines
'Last chance' for US importers to stock up before possible east coast port strike
New FMC regulation rules out carrier 'lame excuses' for rolling cargo
Maersk Frankfurt heads for open water as container fire subsides
Comment on this article
Shekh Mohammad Zilani
October 10, 2013 at 8:17 amHello,
Good day!
Thanks for sharing the report.
I was wondering how to get the full report of Mckinsey. Can you please share your thoughts on this?
Regards.
Gavin van Marle
October 10, 2013 at 7:50 pmI would suspect you would have to ask McKinsey, and be prepared to pay $$$. The normal marketing tactic is to release an executive summary to journalists with some choice quotes, findings and figures, which provides a basis for us to research a larger story; but not give enough away that no one will need to buy the report itself. I’ve had a look at their website and the most recent report on the apparel sourcing industry is from a few years back.
Kind regards,
Gavin