LPP expands Bangladesh supplier network to 350-plus
Dhaka, Oct. 11 -- Polish fashion retailer LPP has expanded its network of manufacturing partners in Bangladesh to more than 350 from around 100 a decade ago.
The company has annual contracts worth approximately $750 million, highlighting the growth of its ties with the country's garment industry, it said in a statement.
For around 30 percent of these factories, LPP is the main customer, according to the company.
LPP, one of the largest buyers of Bangladeshi garments, says its international expansion has gone hand in hand with the development of its local suppliers.
"As LPP grew, we were able to place larger and more diverse orders. At the same time, our partners invested in new technologies, skills and production capabilities, allowin...
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