2nd Bangladesh Fashionology Summit begins at ICCB May 2 | 2019-04-19 | daily-sun.com

Market digest

2nd Bangladesh Fashionology Summit begins at ICCB May 2

Staff Correspondent

19 April, 2019 12:00 AM printer

The 2nd Bangladesh Fashionology Summit will kick off on 2, May 2019 at the International Convention City Bashundhara (ICCB) in the city.

Bangladesh Apparel Exchange (BAE) Founder and CEO Mostafiz Uddin made the announcement at a press conference at a city hotel on Thursday.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) senior Vice president Faruque Hassan and BAE managing director and BGMEA newly elected Director Mohiuddin Rubel were also spoke at the event.

Smart clothing is the fourth industrial textile revolution, a sector that in 2025 will reach a sales volume of more than $ 130 billion, said the organiser.

 “The recent increase of wages and the cost of production have made it inevitable for the apparel manufacturers of the country to concentrate on value added products. The 130 billion dollars smart clothing market is an area we need to focus on to survive and thrive,” said  Mostafiz Uddin.

 “The shift from producing basic to smart clothing will not be so easy and it has to be done gradually with proper planning and preparation. The objective of Bangladesh Fashionololgy Summit is to facilitate the shift” he added.

The theme of the 2nd edition of Bangladesh Fashionology Summit is ‘Digitalization - the Next Destination’. So, the event is aligned with the government goals of ‘Digital Bangladesh Vision’.