Terrorist Attacks: Bangladesh'S Strong Dependence On Japanese Garment Manufacturers

Despite its recent terrorist attacks, it is still regarded by garment manufacturers as an important partner. As China's labor costs continue to rise, Japan will clothing Production is spanferred to Bangladesh and other Asian countries. Bengal This has become the production of Japanese and Western garment enterprises, and the export growth rate is obvious.

According to data from the Japan Textile Importers Association, in 2015, 65% of Japan's imports came from China, accounting for nearly 80% of China's textile imports in history.

But because of The labor With the increase of cost and other factors, this proportion is decreasing year by year, while Japan's imports from Indonesia and other countries are increasing year by year. Although Bangladesh accounts for only 2.3% of Japan's textile imports, its annual growth rate is as high as 20-40%.

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In response to the fact that the UK will withdraw from the European Union after the referendum, the new research shows that the decision has had a huge impact on the Global Luxury Retailing Industry and will continue to affect the future market.

Since the British referendum decided to leave the EU two weeks ago, less than 48% of the global luxury goods market was sold last week. When analysts from the Edited retail data analysis firms can decipher the winners and losers of the e-commerce industry in Europe, they say that cross border consumers and mobile e-business websites will become the driving force of the whole retail market, while span ocean supply chains, especially high priced goods and the EU market, will encounter a negative impact, which is the economic lifeline of luxury brands.

However, the news did not destroy all brands, especially those in the UK. As the result of the referendum of Britain's withdrawal from the EU has been fixed, with the sharp depreciation of the pound to the lowest point in history, a large number of tourists and consumers are lowering the rate of exchange for the exchange rate.

The research report points out that Burberry is one of the brands that profit from it. Last week, its selling rate of goods at full price increased by 50 points compared with a year ago, mainly based on sales of accessories, shoes and tops. The report also believes that Burberry owes much to the fact that its turnover has been calculated in pounds, so the cash flow from outside the UK can flow back to the country to buy more pounds.

Also enjoying the benefits of Britain's retreat to Europe is the luxury goods e-commerce platform Matches. Data show that the sales of full price goods on its platform have soared by 90%, while Gucci, as one of the best selling brands in the platform, has achieved a direct growth rate of nearly 154% through this referendum.

But for some brands, the referendum turned out to be bad news, especially when share prices and full sales plummeted. Louis Vuitton is the most severely affected brand, compared with the same period last year, the online full merchandise sales rate plummeted by 73%. Followed by the Paris based cloud group, the stock price was cut by 9.3% in the three days after the referendum announcement, and the overall sales situation was not satisfactory, including the fall of 81% Bottega Veneta, the fall of 68% Saint Laurent and the 55% decline of Balenciaga.

The report indicates that the potential threat from Britain's withdrawal from the EU includes the tariff issue of luxury goods entering the UK, and the inertia thinking of the public in saving property.