Global buyers cancel work orders worth $133m - News Summed Up

Global buyers cancel work orders worth $133m


Photo: Syed Zakir Hossain13 members of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) have also work orders worth $40 million cancelledGlobal brands and retailers, who purchase clothing goods from Bangladesh, have cancelled work orders worth $133 million over the uncertainty of business triggered by coronavirus pandemic. According to Bangladesh Garment Manufacturers and Exporters and Association (BGMEA), a total of 69 apparel makers have faced order cancellation worth $93 million. Meanwhile, 13 members of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) have also work orders worth $40 million cancelled, which continues to rise every day. Earlier, before the cancellation of work orders, a good number of brands and retailers suspended but now they have cancelled the orders. C&A alone cancelled work orders worth $15 million from Micro Fibre Group, he added.


Source: Dhaka Tribune March 18, 2020 16:07 UTC



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