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McKinsey Outlines Threats to Bangladesh RMG and What Will Drive Next-Level Growth

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Bangladesh’s garment sector has experienced an “unprecedented blooming” over the past decade, a new report says, yet a one-two punch of pandemic pressures and sourcing shifts means the country is up against steep challenges and must “innovate, upgrade and diversify” more than ever to stay competitive. Ten years since McKinsey & Company published its last…

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