Advantages of Bangladesh as a source
Apex Lingerie's product is of mid to up market quality, materials and styles, but at a lower to mid market price range. This is possible because:
- # Most developed countries offer GSP (Generalized System of Preference), i.e., import duty exemption or rebate on value added imports from Bangladesh.
- # In conjunction with more than 20 years of experience of garments manufacturing and export, the work force in Bangladesh is ready to produce high quality brassieres. Several factories are already exporting high quality brassieres from Bangladesh to the markets of Europe and the USA.
- # The economy of Bangladesh is heavily dependent on apparel and textile exports as it provides about 65% of the foreign exchange earnings of the country.