What are Surplus Garments?
Surplus garments refer to clothing products made over the quantity required or purchased by buyers, leading to excess inventory. This surplus inventory could be caused due to a variety of reasons, including excess production, fluctuations in demand, or even order cancellations.
Surplus_garments are an issue for manufacturers and retailers as it could result in a surplus inventory that eats up storage space and ties up capital. To dispose of the excess inventory, retailers could sell it at a reduced price that could impact the margins they earn. In certain instances, excess clothing can be destroyed or thrown away.
However, Surplus garments can offer consumers the opportunity to buy high-quality clothing at a price lower than they normally purchase. These clothes are typically sold at outlets, clearance stores, or online marketplaces.
It is important to note that Surplus_garments differ from secondhand or second-hand clothing items that another person previously owned. Surplus garments, on the contrary, are brand-new and unworn items that were not sold due to surplus inventory.
Garments surplus in Bangladesh
Bangladesh is one of the top garment exporters in the world, with its garment sector accounting for over 80% of the country’s overall exports. Nonetheless, the sector has encountered issues due to clothing oversupply recently.
Garment surplus arises when companies make more clothes than they can sell, leading to excess inventory that is sometimes sold at a discount or trashed. This can happen for various causes, including overproduction, changes in customer demand, or cancel orders from purchasers.
One of the fundamental causes of garment excess in Bangladesh is the need to keep costs low to remain competitive in the global market. This can lead to manufacturers overproducing to fulfill demand and keep prices down, ultimately leading to a surplus.
Another contributing reason is the lack of openness and communication between customers and producers. When orders are canceled or amended at the last minute, manufacturers may be left with surplus inventory that they cannot sell.
Garment oversupply can have severe effects on both manufacturers and employees. Factories may be obliged to downsize their staff or lower compensation to balance the expenses of surplus inventory. Workers may also face job losses or reduced hours, significantly impacting their livelihoods.
To solve the issue of garment surplus in Bangladesh, there has to be better openness and communication between buyers and producers, as well as a change away from the drive to keep prices low at all costs. This may entail boosting the clothing price to guarantee that manufacturers can operate sustainably and minimize overproduction. Also, there has to be increased investment in training and development for workers to produce more efficient and sustainable manufacturing processes.
List of Garments surplus in Bangladesh
Providing a comprehensive list of garments surplus in Bangladesh is impossible as the surplus inventory can vary by season, factory, and buyer. However, some common types of garments that may have a surplus in Bangladesh include:
- T-shirts
- Jeans
- Dresses
- Sweaters
- Jackets
- Athletic wear
- Undergarments
- Workwear
- Children’s Clothing
- Accessories such as hats, scarves, and gloves.
These garments may have a surplus for various reasons, such as overproduction, canceled orders, or changes in demand. Surplus garments are often sold through clearance sales, outlet stores, or online marketplaces.
Branded surplus garments in Bangladesh
There are a number of branded surplus_garments that are available in Bangladesh. Some of the popular brands that are known to have surplus garments in Bangladesh include:
- Adidas
- Nike
- Puma
- Tommy Hilfiger
- Calvin Klein
- H&M
- Zara
- Levi’s
- GAP
- Old Navy
- Abercrombie & Fitch
- Ralph Lauren
- Columbia
- The North Face
- Timberland
These brands often have surplus_garments due to overproduction or canceled orders. Surplus garments from these brands can be found in outlet stores, clearance sales, and online marketplaces in Bangladesh. It’s important to note that not all branded surplus garments are authentic, and buyers should be careful when purchasing to ensure they are getting genuine products.