Bangladesh's forex-fetching readymade garment industry had begun to show signs of revival with expectations of a surge in foreign orders before the Christmas after a huge slump in export. But it is now staring at loss again as a second wave of coronavirus infection has hit the US and Europe.

The apparel sector posted growth in export in August and September after several months, but returned to the negative zone in October.

A drop in the product price against rising production costs has also hit the industry, according to the exporters. New work orders dropped in November and December in comparison with the same period last year, the entrepreneurs said.

https://bdnews24.com/business/2020/11/11/bangladesh-apparel-industry-fails-to-fashion-an-export-revival-in-pandemic