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Kutubuddin Ahmed, chairman of Envoy Legacy, Sheltech Group and Green Textile, and Tanvir Ahmed, his son and managing director of the three entities, have been recognised as Commercially Important Persons (CIP) for 2022 for their contributions to the textile and manufacturing industries
Garment exports to the US, the biggest market for Bangladeshi products, declined by around 25 percent year-on-year to $7.28 billion last year for a slowdown in imports by American fashion retailers and brands due to high inflationary pressure.
SM Sourcing, located in Gazipur, has scored 106 out of 110, the highest in the globe, receiving the certification on Tuesday
Bangladesh’s apparel shipments to the US declined 19.82 percent year-on-year in the January-July period this year in spite of a gradual improvement in retail sales.
Congratulations and a big round of applause are due to Bangladesh’s apparel makers for bringing glory to the nation by reaching a new milestone of having 200 globally certified green factories.