Cotton struggles squeeze Asian garment makers, threatens Covid recovery
Inside Retail
JUNE 1, 2022
We are hardly making any profits,” said Siddiqur Rahman, managing director of Dhaka-based Sterling Group, which supplies to brands such as H&M and Gap Inc. In a double whammy for garment makers, “buyers are not willing to raise prices”, said Ravi Sam, managing director at Adwaith Textiles, an Indian exporter.
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