List of Top Garments Buyer in Bangladesh

The Garment manufacturing business is one of the popular common business trends in Bangladesh. Major factors to grow up this garments sector is low labour cost, skilled educated manpower, good transportation facilities, modern port facilities, short lead time, etc. World top garments buyer and brands works in Bangladeshi apparel industries.

Bangladesh has a long tenure of apparel making experience. As a result, it easily can provide to the buyer with better quality products than any other garments manufacturing countries with a convenience price. That’s why high-ranked foreign buyers and brands are always pleased to procure apparel products from Bangladesh as they got several advantages than other competitor countries. Thus, Bangladeshi garment industries have expanded rapidly in this country, and Bangladesh achieved a lot of reputation from foreign buyers and popular brands. The yearly turnover of Bangladeshi garment manufacturing business is about 30.14 billion US dollar. Bangladesh is second biggest garments manufacturing countries in the world. More than 4.1 million people are employed in this sector. Most of them are women. 84.21% of export revenue earned from this sector to Bangladesh’s total exports of $40.53 billion in 2019.

Bangladesh is one of the best Ready Made Garments (RMG) manufacturing countries in the world. The latest statistics of BGMEA Trade Information, in the fiscal year 2018-19, the number of garments factory was 4621. Bangladesh has 5,271 garment factories in Bangladesh as of June 2019, according to the ILO (International Labour Organization). The Bangladeshi garments industries employ 4.1 million people who are the driving force behind Bangladesh’s most important industry.

Within a short time Bangladeshi garments industry has achieved huge fame to buyers for their export quality product. Day by day Bangladeshi garments industries are improving for their low labour cost, skilled and educated worker, better transportation facilities, good port facilities, short shipment time, easy order execution, raw martial produce etc. For this reason, a lot of world-renowned buyers and brands are working with Bangladesh. As a result, high ranked buyers and brands from all over the world are so much interested in place order here throughout the recent year.

List of Top Garments Buyer in Bangladesh:

In Bangladesh most of the buyers of Garments industries comes from the USA, UK, Japan, Australia, India and other European Union countries and set up their buying office to follow up the order.

1. H&M

Full Form: Hennes & Mauritz AB
Founded Year: 1947
Founder: Erling Persson
Headquarters: Stockholm, Sweden
CEO: Karl-Johan Persson (President and CEO)
ISIN: SE0000106270
Website: www.hm.com

2. Wal-Mart

Founded Year: July 2, 1962
Founder: Sam Walton
Headquarters: Bentonville, Arkansas, U.S.
CEO: Doug McMillon (President, CEO)
ISIN: US9311421039
Website: www.walmart.com

3. Li & Fung

Founded Year: 1906
Founder: Li Daoming
Headquarters: Hong Kong
CEO: William Fung
ISIN: BMG5485F1445
Website: www.lifung.com

4. Adidas

Former: Gebrüder Dassler Schuhfabrik (July, 1924)
Founded Year: 18 August 1949 (as Adidas)
Founder: Adolf Dassler
Headquarters: Herzogenaurach, Germany
CEO: Kasper Rørsted
ISIN: DE000A1EWWW0
Website: www.adidas-group.com

5. Levis

Founded Year: May 1, 1853(as David Stern & Levi Strauss)
Founder: Levi Strauss
Headquarters: San Francisco, California, U.S.
CEO: Chip Bergh
ISIN: US52736R102
Website: www.levistrauss.com

6. VF Asia

Founded Year: October 1899
Founder: John Barbey
Headquarters: Denver, Colorado, U.S.
CEO: Steve Rendle
ISIN: US9182041080
Website: www.vfc.com

7. Nike

Formerly: Blue Ribbon Sports (1964–1971)
Founded Year: January 25, 1964
Founder: Bill Bowerman & Phil Knight
Headquarters: Beaverton, Oregon, U.S.
CEO: John Donahoe
ISIN: US6541061031
Website: www.nike.com

8. GAP

Founded Year: August 21, 1969
Founder: Donald Fisher & Doris F. Fisher
Headquarters: San Francisco, California, USA
CEO: Sonia Syngal
ISIN: US3647601083
Website: www.gap.com

9. Tesco

Founded Year: 1919
Founder: Jack Cohen
Headquarters: Tesco House, Shire Park, Kestrel Way Welwyn Garden City. Hertfordshire, AL7 1GA, UK.
CEO: Dave Lewis (CEO)
Website: www.tesco.com

10. C&A

Founded Year: 1841
Founder: Clemens &August Brenninkmeijer
Headquarters: Vilvoorde, Belgium& Düsseldorf, Germany
CEO: Alain Caparros
Website: www.c-and-a.com

11. Target

Founded Year: June 24, 1902
Founder: George Dayton
Headquarters: Minneapolis, Minnesota, United States
CEO: Brian C. Cornell(Chairman, CEO)
ISIN: US87612E1064
Website: www.target.com

12. ASDA

Founded Year: 19 February 1949
Founder: Peter and Fred Asquith & Noel Stockdale
Headquarters: Leeds, West Yorkshire, England
CEO: Roger Burnley (President & CEO)
Parent: Walmart
Website: www.asda.com

13. Next

Formerly: J Hepworth & Son (1864–1982)
Founded Year: 1864
Founder: Joseph Hepworth
Headquarters: Enderby, Leicestershire, England, United Kingdom
CEO: Simon Wolfson
ISIN: GB0032089863
Website: www.next.co.uk

14. Zara

Founded Year: 1975
Founder: Amancio Ortega & Rosalía Mera
Headquarters: Arteixo, Spain
CEO: Amancio Ortega (founder)
Website: www.zara.com

15. Old Navy

Founded Year: March 11, 1994
CEO: Sonia Syngal (CEO and Global President)
Parent: Gap Inc.
Website: www.oldnavy.com

16. PVH

Founded Year: 1881
Founder: Moses Phillips
John Van Heusen, Dramin Jones
Headquarters: Manhattan, New York City, USA
ISIN: US6936561009
Website: www.pvh.com

17. S. Oliver

Founded Year: 1969
Founder: Bernd Freier
Headquarters: Rottendorf, Germany
Website: www.soliver.com

18. Puma

Founded Year: 1948
Founder: Rudolf Dassler
Headquarters: Herzogenaurach, Germany
CEO: Bjørn Gulden
Website: www.puma.com

19. K-mart

Founded Year: July 31, 1899 (legacy)
November 23, 1977 (renamed as Kmart)
Founder: S. S. Kresge
Headquarters: Hoffman Estates, Illinois, United State
Website: www.kmart.com

20. M&S

Founded Year: 1884
Headquarters: London, United Kingdom
CEO: Steve Rowe
ISIN: GB0031274896
Website: www.marksandspencer.com

Bangladesh is a popular high-quality garment manufacturer in the world. World renowned buyers and brands works in Bangladeshi apparel industries. Those buyers and retailers basically came from USA, UK, Japan, Australia, India and other European Union countries to follow up their bulk order by setting up a regional office. Most of the developed countries become pleased to import garment products from Bangladesh. Ready Made Garments sector is a first growing mainstream business in Bangladesh. The BGMEA (Bangladesh Garment Manufacturers and Exporters Association) has fixed a target to earn about 50 billion USD by 2021. It’s not very high ambitious target, cause in the fiscal year of 2019-2018, we have earned about 32.92 billion USD. We have much ability to escalate it to 50 billion USD, cause last 30 years; we have gathered huge experience in this sector garments business.