Bangladesh still a magnet for clothing brands, says McKinsey

01/10/2013

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.

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Shekh Mohammad Zilani
October 10, 2013 at 8:17 am
Hello,
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.

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- Gavin van Marle
  October 10, 2013 at 7:50 pm
  I 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
  
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