The sixth edition of Copenhagen Fashion Summit 2018 was held in Denmark on May 16.
Policymakers of the European Union (EU), top officials of brands and retailers, and representatives from global rights groups were present at the summit.
This summit is a platform for multi-stakeholders, such as major fashion policy decision-makers and fashion experts, to discuss social and ethical issues pertaining to the industry.
The opinion was that a level playing field is needed to ensure transparency and everyone has to be equally transparent in the entire global supply chain of the denim sector. A high level of engagement and support from brands, retailers and consumers is needed to implement transparent practices in reality.
However the biggest barrier to transparency is the cost. Someone is responsible for the cost escalation factor, the manufacturer, the brand or the consumer, and whoever is responsible has to pay.
Bangladesh is one of the world's biggest apparel-sourcing countries. After the Rana Plaza tragedy, a lot of safety measures have been put in place to avoid similar mishaps. Infrastructure facilities, such as roads, utilities and container congestion in Chittagong port, are some of the biggest challenges that Bangladesh needs to overcome in the near future to obtain more orders from abroad.