Growth in Bangladesh’s garment exports could drop to about 15 percent this year after an unusually strong expansion of more than 30 percent in 2021, two industry leaders told Reuters on Wednesday, as US and European customers grapple with cost of living pressures.
The garment industry accounts for more than 80 percent of total exports for Bangladesh, which sells to clients such as Walmart, Gap Inc, H&M, VF Corp, Zara and American Eagle…