Rescuers tied sheets of fabric to upper floors of the wreckage so those inside could climb or slide down and escape.
Fire fighters and army personnel worked frantically through the morning at the Rana Plaza building in Savar, 30 km (19 miles) outside Dhaka, to rescue people trapped inside.
An official at a control room set up to provide information about the missing and injured said more than 700 people were injured.
The website of a company called New Wave, which had two factories in the building, listed Primark, Matalan, Mango and Benetton among its customers.
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