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Business trends

Bangladesh makes a fashion statement

World's second-largest garment exporter learns to express itself with clothing

Bangladesh has given rise to its own fashion labels. Here models take to the catwalk clad in outfits inspired by traditional Bangladeshi costumes. (Photo by Akira Kodaka)

NEW DELHI -- The world's second-biggest apparel exporter is now home to fashion labels of its own.

Bangladesh can chalk up this turn of fortunes to stable economic growth. The country's gross domestic product has been on a yearslong winning streak. In the 12 months through June, it grew at a 7.86% clip. Per capita GDP doubles every seven to eight years, with the figure now standing north of $1,700.

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