DBL Lifestyles to Introduce Adidas Outlet in Dhaka

Golam Mainuddin has been unanimously elected as Chairman of Apex Footwear Ltd. during the company’s 282nd Board Meeting. Previously serving as an Independent Director, he is recognized for his leadership at British American Tobacco Bangladesh and holds leadership roles across several major organizations

In 2024, Bata Shoe Company (Bangladesh) reported a 26% year-on-year profit decline, with net profit dropping to Tk 29.57 crore and earnings per share falling from Tk 29.31 to Tk 21.62. The decline was driven by over 10% food inflation and political unrest, which forced the closure of nearly half its stores in Q3.

As the US moves to impose reciprocal tariffs, Bangladeshi exporters—especially in the footwear, pharmaceutical, plastic, and agro-processed sectors—are facing growing uncertainty. Footwear exporters, however, see strategic opportunities if the US adjusts its tariffs in Bangladesh's favor.

BRAC Bank has been awarded the Remittance Award 2024 by the Ministry of Expatriates' Welfare and Overseas Employment for achieving the 4th position in remittance volume among all banks during the fiscal year 2023-24.

Organic Nutrition Limited (ONL), a Bangladeshi company, has entered the U.S. market with its functional food products after receiving approval from the United States Food and Drug Administration (USFDA). These products are now available in U.S. supermarkets and on Amazon USA.

The 16th edition of the Bangladesh Brand Forum's Best Brand Awards celebrated the accomplishments of 44 brands at a gala event on December 26, 2024, at the Intercontinental Dhaka. A total of 60 awards were given, including the "Overall Top 15 Brands of Bangladesh" and the "Most Emerging Brand."