Fashion
Bangladesh’s NBR notifies Shipping Agent Licensing Rules 2025
Shipping agent licenses were earlier governed under the Customs Agent Licensing Rules, 2020.
Bangladesh’s National Board of Revenue has notified the Shipping Agent Licensing Rules, 2025, which aim at ensuring accountability and fair competition across all sea and river ports and modernising and simplifying shipping agent operations.
There is no need now for NBR approval to determine the number of licenses issued per customs station.
Written and oral exams for applicants have been abolished.
Under the new regulations, the licensing process has been significantly accelerated. Authorities are no longer required to obtain prior NBR approval to determine the number of licenses issued per customs station. This allows authorities to grant permits in a much shorter duration.
The requirement for applicants to sit for written and oral examinations at the Customs Excise and VAT Training Academy has been abolished.
NBR has committed to issuing licenses within 30 working days provided that all submitted documentations are accurate, according to domestic media reports.
A shipping agent license was earlier restricted only to the specific sea or river port under the issuing customs station. The new rules permit a license holder to conduct business at any sea or river port throughout the country, removing previous geographical barriers to trade.
Fibre2Fashion News Desk (DS)
Garments and related accessories continued to top the list of exported products, supported by the sector’s expansion and growth in global markets over recent years, with exports reaching more than 82 countries worldwide.
Jordan’s exports of leather and garments fell by 2 per cent YoY in January-October 2025.
Exports of manufactured garments and accessories fell by 2 per cent YoY, while non-manufactured garment exports rose by 16 per cent.
Export of carpets and textile floor coverings rose by 15 per cent YoY.
Exports of footwear and parts fell by 28 per cent YoY; those of raw and tanned leather dropped by 41 per cent YoY.
Exports of manufactured garments and accessories declined by 2 per cent YoY during the ten months to JD 1.342 billion, while non-manufactured garment exports rose by 16 per cent YoY to JD39 million. Export of carpets and textile floor coverings rose by 15 per cent YoY to JD 35 million.
Exports of padding, felt, non-woven fabrics and special yarns surged by 172 per cent YoY during the period. Export of leather products, travel goods and handbags rose by 76 per cent YoY, while exports of natural and synthetic fur skins and their products increased by 52 per cent YoY,.
In contrast, exports of footwear and parts declined by 28 per cent YoY; those of raw and tanned leather dropped by 41 per cent YoY during the period.
The United States is the primary destination for Jordanian garments, accounting for more than four-fifths of total apparel exports, the chamber said.
Despite recent challenges linked to customs duties, exports to the US market saw a 1 per cent increase, alongside notable expansion into European markets, particularly the Netherlands, Belgium and Germany, according to a domestic news agency.
The imposition of a 15-per cent US customs duty at the beginning of August 2025 under the Emergency Act directly hit garment exports, the chamber noted.
The leather and garments sector was among the most value-added industrial sectors, with value added accounting for nearly 42 per cent of total output.
Fibre2Fashion News Desk (DS)
Published
January 8, 2026
Centric Brands announced on Wednesday it has acquired select assets of Fownes Brothers & Co., as the U.S. management firm looks enhance its portfolio and strengthen its grip on the cold-weather accessories market.
Under the deal, the U.S. management firm will assume key licenses including Ugg, Timberland, and Cole Haan, as well as private label manufacturing agreements with The North Face and Lululemon.
Moreover, Andrew Gluckman will join the Centric Brands team as SVP, division head cold-weather, overseeing the acquired licenses and supporting the continued growth of the broader cold weather accessories division, according to a press release.
“We are excited to welcome Andrew and the Fownes Brothers legacy into Centric Brands,” said Jason Rabin, chief executive officer at Centric Brands, whose portfolio includes Avirex, Fiorelli, Hudson, Robert Graham, and Taste Beauty.
“Our growth strategy is built upon developing powerful, scalable brands across key categories, and this acquisition meaningfully advances that approach. By integrating the Fownes Brothers business into our accessories platform, we are expanding our capabilities, accelerating scale, and positioning the business for sustained, profitable growth.”
Established in 1777 by Tom Gluckman and the Gluckman Family as leather glove manufacturer in Worcester, England, Fownes Brothers is an importer and distributor of licensed and private label cold-weather accessories.
Copyright © 2026 FashionNetwork.com All rights reserved.
By
Bloomberg
Published
January 7, 2026
The founder of sneaker reseller Zadeh Kicks was sentenced to almost six years in prison for a fraud conspiracy that led to the infamous collapse of the online platform and $80 million in losses for customers and financial institutions.
Michael Malekzadeh, 42, was sentenced Tuesday in Eugene, Oregon, to 70 months behind bars and ordered to forfeit more than $15 million in assets, federal prosecutors said in a statement. Last year, Malekzadeh pleaded guilty to wire fraud and bank fraud.
The sentencing signaled the end of a case that sent shockwaves through the sneaker reselling market, which reached record highs during the 2020 pandemic. Malekzadeh rode this boom to improbable heights, offering sought-after shoes at competitive prices from his warehouse in Oregon, even before manufacturers released them.
A lawyer for Malekzadeh didn’t immediately respond to a request for comment.
According to the US Attorney’s Office in Oregon, Malekzadeh “advertised, sold, and collected payments from customers for preorders knowing he could not satisfy all orders placed.” All in all, he owed customers more than $65 million in unfulfilled orders and defrauded financial institutions out of $15 million they’d loaned him, court records show.
Malekzadeh used the money to fund a lavish lifestyle, prosecutors said. Agents seized luxury watches, jewelry and hundreds of handbags during the investigation, court documents show.
As part of their plea agreements, Malekzadeh and his partner, Bethany Mockerman, the company’s chief financial officer, agreed to pay restitution in full to their victims. The judge set a restitution hearing for March 31.
The government said it raised $7.5 million from selling Malekzadeh’s residence in Eugene, his watches and luxury cars manufactured by Bentley, Ferrari, Lamborghini and Porsche.
In a separate case, Zadeh Kicks, which Malekzadeh founded in 2013, and all of its sneakers were taken over by a court-appointed receiver, who’s been in charge of liquidating its assets.
The case is US v. Malekzadeh, 22-cr-262, US District Court, District of Oregon (Eugene).
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Jordan’s exports of leather, garments drop 2% YoY in Jan-Oct 2025
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