Mexican fashion retail giant Coppel wants to increase RMG imports from Bangladesh

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Desk Report: Mexican retail giant Coppel is keen to import more readymade garments from Bangladesh as well as bicycles, home textiles, undergarments, home appliances, jute products, and ceramics.

In the second week of July, a 10-member delegation led by the retailer’s sourcing manager Jorge Gomez Garcia will visit Bangladesh according to the commerce ministry in Dhaka. Coppel’s delegation will visit Bangladesh from July 8 to 10.

In a 27 May letter to the ministry’s Senior Secretary Tapan Kanti Ghosh, the ambassador said Coppel had been conducting successful and satisfactory business with Bangladesh for several years – its imports from Bangladesh having increased from $5 million to $20 million in a few year.

The Bangladesh government wants to welcome Coppel to Bangladesh. The Commerce Ministry has called a meeting on 28 June for its preparation. The meeting was attended by representatives BGMEA,BKMEA, (BFLLFEA).

Founded in 1941, Coppel has about 1,600 department stores in 700 cities across Mexico and has about 3 crore customers. In 2021, the company’s total sales exceeded $12 billion.

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