<?xml version="1.0"?>
<!--<!DOCTYPE nitf SYSTEM "nitf-3-4.dtd">-->
<nitf>
  <head>
    <title id="Title">#Title</title>
    <docdata management-doc-idref="">
      <date.issue id="CreationDate" norm="" />
      <du-key id="rev-ver" generation="1" version="Default" />
      <du-key id="Parent-Version" version="" />
      <identified-content>
        <classifier id="newspro-nitf" value="r2" />
        <classifier id="Newspro-App" value="Epaper" />
        <classifier id="Content-Type" value="Story" />
        <classifier id="storyID" value="369206" />
        <classifier id="CmsConID" value="" />
        <classifier id="Desk" value="" />
        <classifier id="Source" value="" />
        <classifier id="Edition" value="" />
        <classifier id="Category" value="-1" />
        <classifier id="UserName" value="" />
        <classifier id="PublicationDate" value="15/10/2025" />
        <classifier id="PublicationName" value="DailyStar" />
        <classifier id="IsPublished" value="Y" />
        <classifier id="IsPlaced" value="Y" />
        <classifier id="IsCompleated" value="N" />
        <classifier id="IsProofed" value="N" />
        <classifier id="User" value="" />
        <classifier id="Headline-Count" value="" />
        <classifier id="Slug-Count" value="0" />
        <classifier id="Photo-Count" value="0" />
        <classifier id="Caption-Count" value="0" />
        <classifier id="Word-Count" value="0" />
        <classifier id="Character-Count" value="0" />
        <classifier id="Location" value="" />
        <classifier id="TemplateType" value="1" />
        <classifier id="StoryType" value="Story" />
        <classifier id="Author" value="" />
        <classifier id="UOM" value="mm" />
        <classifier id="kicker" value="" />
        <classifier id="ByLine" value="" />
        <classifier id="DateLine" value="" />
        <classifier id="box-geometry" value="165,788,670,1512" />
         <classifier id="Layer" value="Layer 1"/>
          <classifier id="numcol" value="3"/>
         <classifier id="ArticleStyle" value=""/>
       <classifier id="Epaper-Build" value="7.1.5.2"/>
  <classifier id="ProcessingDateTime" value="Tue Oct 14 2025 23:34:02 GMT+0600"/>
      </identified-content>

      <urgency id="home-page" ed-urg="0" />
      <urgency id="priority" ed-urg="0" />
      <doc-scope id="scope" value="0" />
    </docdata>
    <pubdata type="print" name="DailyStar" date.publication="20251015T000000+5.30" edition.name="Business" edition.area="BUS" position.section="DST15102501BUS-BIZFRONT" position.sequence="1" ex-ref="DST15102501BUS-BIZFRONT.indd" />
  </head>
  <body boxBorderWeightColor="#000000" boxBorderWeight="0.25">
<body.head>
      <hedline>
    	<hl1 id="Headline1" ul="0" ol="0" ulColor=""  ulWeight=""  olColor=""  olWeight="" textFrameColor="" orgstyle="[No Paragraph Style]" class="1" MainHead="true" style="Headline1">
		<lang class="3" colour="#000000" orgstyle="[No Paragraph Style]" style="Headline1"  font="Blacker Pro Display" fontStyle="Bold" size="42">Cap exports rise as buyers look beyond China, Korea</lang>
	</hl1>

       </hedline>
</body.head>
    <body.content id="Bodytext" CaptionAsBody="0">
     <block>
	<media id="1" media-type="image">
		<media-reference id="tn" source-credit="" data-location="1" source="ImageOfFrame13820_1_BUS_tn.jpg"  Units="pixels" width="50" height="50"></media-reference>
<media-reference id="tn" source-credit="" data-location="1" source="ImageOfGroup14926_1_BUS_tn.jpg"  Units="pixels" width="50" height="50"></media-reference>
	</media>
</block>

     <p style=".Bodylaser" ul="1" ol="0"  orgstyle="BY NAME LINE new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BY NAME LINE new" font="Blacker Pro Display" fontStyle="Bold" size="8">JAGARAN CHAKMA
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Once an overlooked corner of the accessories market, caps are now a growing contributor to Bangladesh’s export portfolio, reflecting both shifting global trends and the country’s ability to adapt and scale.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">According to data from the Export Promotion Bureau (EPB), Bangladesh exported $89.98 million worth of headgear in the first quarter of FY 2024-25.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">This was a 12 percent year-on-year increase from the same period last fiscal year.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">The goods fetched $364.46 million last fiscal year.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">The figures reflect the increasing importance of non-traditional exports like caps and headwear in Bangladesh’s broader apparel diversification efforts, said exporters.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Industry insiders attribute this remarkable rise to a shift in global sourcing patterns, with international buyers increasingly moving away from traditional suppliers such as China and Korea, many of whose factories are scaling down or shutting operations.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“Earlier, global buyers didn’t know that Bangladesh had the capability to manufacture such high-quality headwear,” said Md Mahbubur Rahman Masum, managing director of Jalal Hats &amp; Apparels Ltd.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“Now they’re discovering us,” he said.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Founded with a vision to deliver premium-quality, globally competitive headwear, Jalal Hats &amp; Apparels Ltd has emerged as a premier manufacturer, producing a range of stylish, durable, and customizable caps for international brands, retailers, and wholesalers.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“Currently, we export to countries like Italy, Denmark, Germany, France, the UAE, and the USA,” Masum shared.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“The growth is happening fast—even if the export volume is still smaller than garments, the rate of expansion is impressive,” he said.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Masum believes the sector holds strong potential and could play a role in Bangladesh’s export diversification strategy.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">However, he said, greater policy support—particularly in the form of higher cash incentives and easier access to bonded warehouse facilities—could accelerate the industry’s development.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“Caps currently fall under the RMG incentive structure, but the percentage is not uniform. We believe caps deserve a higher incentive rate as this is a newer, promising export sector,” he added.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“We often talk about garments, but the cap industry deserves its spotlight too. It’s time to recognise this growing segment,” said Masum.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Jessi Yiu, deputy managing director of Actor Sporting Ltd, sees a transformative future for Bangladesh’s cap and headwear industry, as shifting global consumption patterns and sustainable practices reshape how fashion is made—and where.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">Operating out of the Dhaka Export Processing Zone since 1995, Actor Sporting Ltd is a wholly export-oriented manufacturer catering primarily to clients in the US and EU.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">But as the global fashion industry evolves, so too do expectations from buyers.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“We’ve observed a clear shift in our customers’ buying practices—from mass production to smaller, more tailored orders,” said Yiu.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“This reflects the rise of ethical fashion, where consumers value style alongside environmental and social responsibility,” she said.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">The shift aligns with global trends in athleisure and streetwear, which require fast adaptation to changing styles, shorter production cycles, and reduced inventory risk, she said.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“Tools like 3D design and automated sewing machinery allow us to reduce fabric waste and shorten lead times,” Yiu explained.
</lang>
</p>
<p style=".Bodylaser" ul="0" ol="0"  orgstyle="BODY new">
	<lang class="3" style=".Bodylaser" colour="#000000" orgstyle="BODY new" font="Blacker Pro Display" fontStyle="Regular" size="9">“This makes our products more </lang>
</p>

    </body.content>
  </body>
</nitf>