Revolutionizing the Garment Industry in 2023: Key Trends and Opportunities Shaping the Future of Fashion
The garment industry in 2023 is poised for transformation, driven by an array of factors that are reshaping the fashion landscape.
Through CSR programs we show our commitment to the world. As people love and trust the apparels we make everyday. Each day is important but we must also focus-on tomorrow and we know it is not an easy task. Bringing in balance between short term and long term is critical in delivering sustainable, profitable growth – which is good for our shareholders but at the same time benefits our customers, our employees, our manufacturing partners, the communities where we live and work, and in a much broader sense the planet we inhabit.
At the end of the day we as individuals look and evaluate what we have done for the country, for the people, and for planet earth, on whose account we have become successful.
Our CSR program concentrates on promoting the United Nation’s Sustainable Development Goals. Amongst the 17 SDGs, we have started working on few and we are committed to work on other areas as well.
N2N Sourcing contributes to this great initiative taken by “Bidyanando Foundation” in Bangladesh, where they serve the underprivileged community with cooked food, dry essential edible items and with an opportunity to sit down and eat at their local eateries for free and for exchange 1 taka ($0.01). Every day they distribute about 10000 to 150000 boxes of foods and already have crossed the 10 million mark.
N2N Sourcing donates a part of their income every month to the foundation. We also promote the foundations activities and encourage our partners to contribute in this great initiative.
Every month we provide a certain amount to one underprivileged cancer patient so that he can buy required medicines as part of their treatment. There are 150,000 to 200,000 cancer patients in Bangladesh, and 200,000 cases are added to the tally every year. The treatment and medications are quiet expensive and specially for people from underprivileged community.
We have started supporting one patient and plan to expand at the earliest. We also promote this initiative amongst our business partners and the community so that the people who need the support most can get it.
We have undertaken CSR objectives internally to reduce the impact on environment. Our initial approach is to reduce the consumption of elements that results in significant environmental impact. We have set a target for ourselves to reduce our paper and electricity consumption by 3% in 2021 and also incorporate a proper waste management facility as well as reducing the amount that we generate.
We are also working with our manufacturing partners to undertake such objectives and implement necessary controls to achieve the target. Our aim is to continually improve our numbers in terms of consumption and usage of natural resources.
The garment industry in 2023 is poised for transformation, driven by an array of factors that are reshaping the fashion landscape.
The Texworld trade show is one of the largest events of its kind, and attracts buyers, retailers, and industry experts from around the world.
Bangladesh is a country known for its thriving garment industry, with thousands of factories producing clothing and textiles for global brands.