Hearing from the market The global luxury market was worth USD 296.15 bn in 2013, and leather goods held a dominant share in the basket (TMR, 2013). This value is rising due to the increase in affluent population, demanding superior quality products. According to Transparency Research, the global luxury good market will be touching USD374.84(…)
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Although Bangladesh export basket is heavily skewed towards RMG export, several new sectors have cropped up over the last decade. Footwear is one such sector which has tremendous potential to significantly boost country’s export while diversifying the economy’s export basket.