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Fifth Avenue to increase its sourcing by 50% from Bangladesh

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Apparel Online Bangladesh July, 2015

When decisive business strategies are becoming increasingly important for a company’s success and failure, india-based fifth avenue’s policy to source only value-added products from bangladesh, has grabbed many eyeballs. established in 2000 and based in chennai, india, fifth avenue – working for brands such as Diesel, GAS, Replay, Teddy Smith, Gaudi and Kiomi – established its Bangladesh office in 2008 by shifting its business from china, to cash in on the duty-free import facility available to exports meant for europe and utilize the steadily improving value addition capabilities of the country. With an annual turnover of uS $ 70 million,…

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Source: Apparel Online Bangladesh July, 2015
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