Importing Clothing from Bangladesh

Discussion in 'International Business' started by Dean Black, Jul 15, 2019.

  1. Dean Black

    Dean Black UKBF Newcomer Free Member

    1 0
    Hi, everyone.

    My main business is in speculation in the Forex markets, through a service I run for that I've met someone in Bangladesh who is a manager in a clothing factory there and has mentioned to me that they can provide me with well priced designer products.

    The opportunity in the arbitrage between marked down costs + exchange rates is obviously lucrative, and the supplier is saying they can even support lager orders. I feel this is probably booby-trapped in way I do not understand. Could someone let me know where my best resources to learn about rules on importing/selling designer clothes in the UK from Asia?

    Please excuse my nativity, I am 30 years old and have spent 10 years extremely focused on one industry. If someone could kindly point me in the direction of where I can learn about the rules and regs pertaining to this, I'd be most grateful.
     
    Posted: Jul 15, 2019 By: Dean Black Member since: Mar 24, 2018
    #1
  2. Brilliant_Trading

    Brilliant_Trading UKBF Newcomer Free Member

    4 2
    Hello Dean ,

    Just one question , are you designer of clothing ? Or do you know very much about the clothing industry ?
    Usually , clothing industry is not liked high-tech industry , it's very traditional one , and most of the suppliers are very traditional although clothing sometimes means fashion .
    By our experiences , you have to have a face to face meeting with the supplier , and better to have a visit to the factory , or how could you know what's kind of supplier or company you work with.
    Before getting any benefits , you have to do everything by yourself , unless the person is very trustful one that you do trust.
     
    Posted: Aug 21, 2019 By: Brilliant_Trading Member since: Aug 19, 2019
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