BAE holds Fashionology Summit in city on May 2
The 2nd Bangladesh Fashionology Summit is going to be held at the International Convention City Bashundhara, Dhaka, on May 2 next with the aim to firm the footings of Bangladesh to fetch its share in the 130 billion dollars market. Organiser of the summit Bangladesh Apparel Exchange (BAE) unveiled this at a press conference at Pan Pacific Sonargao hotel in Dhaka on Thursday.
Smart clothing is the fourth industrial textile revolution, a sector that in 2025 will reach a sales volume of more than US$ 130 billion, said the organizer.
"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," BAE Founder and CEO Mostafiz Uddin told the press conference.
"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'.
A total of 41 speakers from 15 countries will speak at the sessions of the summit.
Exhibitors of the summits are: Pivot88, Lectra, Sindabad, Pacfic Associates, Earlycavehuman, Foursource Group GmbH, GoBlu, Rudholm Group, QuizRR, BRAC, SNV, SR Asia, Swiss contact, Access to Information (a2i).
Collaboration Partners: H&M, C&A Sourcing, Marks & Spencer (M&S), Embassy of Denmark in Bangladesh, United States Agency for International Development (USAID), Access to Information (a2i), International Apparel Federation (IAF), Sustainable Apparel Coalition (SAC) + Higg Index, Ethical Trading Initiative (ETI), Deutsche Gesellschaft f�r Internationale Zusammenarbei (GIZ), Ministry of Foreign Affairs, Ministry of Commerce, Government of the People's Republic of Bangladesh.
Tech Innovator Zone: Trustrace, Shimmy Technologies, Infinited Fiber, Seachange Technologies, Reverse Resource, Fashion for Good. The summit will also present a unique platform for start-ups to demonstrate their cutting edge innovation in fashion.