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Pandemic risks renewed for apparel-makers as Bangladesh locks down

Bangladesh 28 Cambodia 18 China 2897 Cons. Discr. - Apparel 449 Cons. Discr. - Retailing 412 Coronavirus 507 India 466 Indonesia 87 U.S. 5197 Vietnam 342

The government of Bangladesh has closed most economic activity including factories for two weeks from July 23 following a worsening of the COVID-19 pandemic. That also comes as factory production in Vietnam is being curtailed due to staff shortages. The two countries together accounted for 27.4% of U.S. imports of apparel and footwear in the 12 months to May 31. Other major production centers include China and Indonesia with 30.1% and 5.3% shares respectively. There’s also been a surge in COVID-19 cases in Indonesia with travel restrictions but not yet factory closures already put into p...

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