Established in 2002 by Khondoker Mahibur Rahman, Stanley Fashion B. D. is 100 per cent export-oriented buying house catering to a host of clients worldwide in various product categories including names such as Carrefour( Spain), Stradivarius( Spain), CACHE CACHE( France), Ethel Austin( UK), Sahara Impost Ltd.( UK), Fortress Vision Polska Sp. z o. o( Poland), LPP SA.( Poland) and United Fashion( Belgium).
RULE OF THREE
Commitment, Quality and Price.
SYNC WITH CHANGING DYNAMICS
Yes, the industry here matches with the changing requirements of global apparel trade.
BIGGEST CHALLENGE!
According to me, the biggest challenges are Commitment and Quality.
THE FUTURE
The future of Bangladesh RMG export depends on EU and USA’ s RMG policies such
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as GSP and GSP plus. Also Bangladesh needs to search for new markets keeping future in perspective.
ADVANTAGE BD
Skilled manpower from top to bottom and backward and forward linkage facilities
SUPPLIER POOL
Yes, I subscribe to the view that modern business shouldn’ t restrict itself to only a limited number of suppliers.
BUSINESS POLICIES
We will continue with a vendor( s) even if its interests / policies are somewhat diverse from our core values because in business, quality, price and after-sales service are the key factors and all other policies are mere formalities.
MAINTAINING THE EDGE
To maintain the competitive edge, a supplier needs to have 100 per cent self-production capacity and all necessary facilities in-house.
Future of Bangladesh RMG export depends on EU and USA’ s RMG policies such as GSP and GSP plus...
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Specialized in sourcing knitwear and denims for some of the big names globally, A & M Sourcing Ltd., is a much sought-after buying entity headed by Managing Director Obidur Rahaman Aurpon, who is now planning to set-up his own production unit in Tongi. The company is a leading supplier of T-shirts for names like C & A, BHS, Lee Cooper( the sole supplier of T-shirts for Lee Cooper France) and Stanley, and denims for Alcott Italy and Celine Italy.
RULE OF THREE
The most important aspect is Commitment but if you ask me to cite three qualities which need to be there in a preferred vendor, those would be the Working Environment, On-Time Delivery and Quality with a competitive price.
SYNC WITH CHANGING DYNAMICS
Over the past decade, the global apparel manufacturing industry has benefited from an increasing number of consumers opting to buy more garments at lower prices. Revenue for this industry is expected to rise over the next five years. Rising disposable incomes across both developed and emerging economies are expected to be the main driving force behind the industry’ s renewed growth. Continually improving global economic conditions are anticipated to be fruitful for the industry. Rising per capita disposable income coupled with a steady upward trend in the global population will give way to rising demand for apparels.
BIGGEST CHALLENGE!
The biggest challenge working with suppliers in my product category is introducing them to the new fashion trends and latest fashion developments that are coming to
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the market! Our supplier is more interested in quantity, but I believe creativity is more important than quantity.
THE FUTURE
Leading international retailers, especially from the value sector, have started to source from Bangladesh from the 1980s. Over a period of time, buyers have strengthened their sourcing base by shifting towards direct sourcing and opening their own local offices in Dhaka and Chittagong. Now, almost 72 per cent of those with activities in Bangladesh, source directly. The high share is confirmed by the suppliers – 69 per cent of the surveyed suppliers focus on working directly with the international buyers.
In the last 15 years, Bangladesh’ s share of apparel imports to Europe and the US has more than doubled, securing Bangladesh the No. 2 position among the European Union 15( EU-15) and US importers. Bangladesh will be the No. 1 sourcing hotspot over the next 5 years.
ADVANTAGE BD
Growth in the global apparel manufacturing industry is primarily
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