The foreign retailers are choosing Bangladesh to source trendy denim wear at low prices as 37 foreign companies from 12 countries will participate in the denim exposition to be held in Dhaka on April 25-26.The Denim Expo, 2016 will be organized at the Basundhara International Convention Center at Basundhara city in Dhaka.”We have received remarkable response from international retailers to attend the expo as they think Bangladesh is a good place to source denim from — at reasonable prices,” said Denim Expert Ltd Managing Director Mostafiz Uddin, the organiser of the fair.”Though we have lots of scope to expand the size of the expo, we are facing space crisis to accommodate international customers at the venue. We are also scrutinizing the standard of the participants both from home and abroad. Those, which will fulfil our requirements, will be permitted to join the expo,” he added. Mostafiz said the Denim Expert also considers the country’s interest first. Only those, who are working to improve the standard of the local Denim industries, will be allowed to join the expo.Organisers initially planned to install 50 stalls for the fair. Of those, 12 stalls have been given for Bangladeshi denim factories while 37 companies of 12 countries will get 37. Another stall will be used as expo office.The companies from Germany, China, Italy, Singapore, Turkey, Japan, India, Pakistan, Vietnam, Spain, Brazil and Thailand are participating this time, he said.”We needed to arrange such an exposition a lot earlier as our share in the global US$60 billion market is still insignificant at more than $600 million a year,” he told the Daily Observer at Chittagong office on Monday last.Bangladeshi entrepreneurs supply denim to major retailers and brands, including H&M, Uniqlo, Levis, Nike, Tesco, Wrangler, s.Oliver, Hugo Boss, Puma, Primark, JC Penney, C&A, Tommy Hilfiger, Inditex, Walmart, M&S, Calvin Klein, Diesel, Gap, Channel and Dior and G-Star. Bangladesh has 26 denim factories that produce around 360 million yards of denim fabric every year. Total investment in the sub-sector stands at more than Tk 7,000 crore. Bangladeshi firms meet 40 percent of demand for fabric by the local denim makers and exporters; imports account for the rest.From Bangladesh, the participants are – Amber Denim, Argon Denims, Denim Expert, Envoy Textiles, Mahmud Denims, Nassa Taipei Denims, Shasha Denims, Synergies Worldwide, Chittagong Denim Mills, Coats Bangladesh, Ha-Meem Denim and South China Bleaching & Dyeing Factory.Among the foreign participants – Foshan Foison Textile, Foshan Shunde Benjie Textile, Guangzhou Indenim Textile, Guangzhou Sanhong Garment, Guangzhou Winwin Textile, Prosperity Textile, Rising Progress Textiles, Texhong (China) Investment, Wong’s Development Group Corporation and Foshan Seazon Textile and Garment from China and Denimco Tekstil Pazarlama AS, Denimer Kuma?c?l?k San ve Tic ?ti, Fera Tekstil Pazarlama, Orta Anadolu Ticaret ve Sanayi Isletmesi T.A.S, W Denim (Denimci Dis Tic. Paz. A.S), Deridesen Etiket San Ve Tic A.S and NC Istanbul Chemicals from Turkey will join the expo.Diamond Denim (Sapphire Group), Indigo Textile, Naveena Denim, Pak Denim, SM Denim Mills, Sarena Industries & Embroidery Mills from Pakistan, Juki Bangladesh, Kurabo Industries and YKK Bangladesh from Japan, Bhaskar Industries and Raymond UCO Denim from India, Tonello Srl, Panama Trimmings Srl and Garmon S.P.A. from Italy, Jeanologia S.L. from Spain, Absolute Denim from Thailand, Vicunha Textil from Brazil, TCE DENIM from Vietnam, Landes Lederwarenfabrik GmbH from Germany and BLUCONNECTION from Singapore also reserved their stalls for joining the expo.
