{"id":511261,"date":"2022-08-03T09:34:31","date_gmt":"2022-08-03T04:04:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511261"},"modified":"2022-08-03T09:50:17","modified_gmt":"2022-08-03T04:20:17","slug":"bangladesh-worlds-no-2-clothes-exporter-sees-order-drop-as-power-falters","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bangladesh-worlds-no-2-clothes-exporter-sees-order-drop-as-power-falters\/","title":{"rendered":"Bangladesh, world&#8217;s no 2 clothes exporter, sees order drop as power falters"},"content":{"rendered":"<p>Bangladesh\u2019s garment industry, the world\u2019s No. 2 exporter after China, is facing a double whammy from slowing global demand and an energy crisis at home that\u2019s threatening to thwart the nation\u2019s pandemic recovery.<\/p>\n<p>Plummy Fashions Ltd., a supplier to PVH Corp., the parent company of fashion brand Tommy Hilfiger, and Inditex SA\u2019s Zara, saw new orders in July drop 20% from a year earlier, its Managing Director Fazlul Hoque said.<\/p>\n<p>\u201cRetailers in both European and US markets are either deferring the shipments of finished products or delaying orders, he said in an interview. \u201cAs inflation is soaring in our export destinations, it has a serious impact on us.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bangladesh\u2019s garment industry, the world\u2019s No. 2 exporter after China, is facing a double whammy from slowing global demand and an energy crisis at home that\u2019s threatening to thwart the nation\u2019s pandemic recovery. Plummy Fashions Ltd., a supplier to PVH Corp., the parent company of fashion brand Tommy Hilfiger, and Inditex SA\u2019s Zara, saw new orders in July drop 20% from a year earlier, its Managing Director Fazlul Hoque said. \u201cRetailers in both European and US markets are either deferring the shipments of finished products or delaying orders, he said in an interview. \u201cAs inflation is soaring in our export [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-511261","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=511261"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511261\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}