The British retail giant Debenhams filed for bankruptcy, which has about $69 million liabilities to its 35 Bangladeshi suppliers.
Bangladesh’s apparel exporters are updating the list of orders cancelled by western buyers amid the Covid-19 pandemic, after the US government assured them assistance in realising dues from American buyers.
The assurance came at a virtual meeting of the United States-Bangladesh Trade and Investment Cooperation Forum Agreement Council on Wednesday.
Responding to a query on Saturday, Bangladesh Garment Manufacturers and Exporters Association’s (BGMEA) First Vice President Mohammed Abdus Salam said, “We are working on making an updated list of western retailers and brands that canceled or suspended orders.
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