Page 10 - Apparel Industry News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Extreme heat and flooding could erase $65 billion in apparel export earnings from four Asian countries by 2030, as workers struggle under high temperatures and factories close, research from Schroders and Cornell University showed on Wednesday. The study also mapped out the supply chains of six unidentified global apparel brands operating in the four countries studied - Bangladesh, Cambodia, Pakistan and Vietnam - and found all six would be hit materially. The findings should act as a wake-up call to both an apparel industry facing significant financial costs, and to investors confronted with sparse information on companies' exposures, the report's authors told Reuters.

City ofUnited kingdomRepublic ofTommy wilkesTommy reggiori wilkesJason juddAngus bauerMark potterCornell universityCornell global labor instituteCornell global laborGlobal apparelAsian countriesPparel export earningsCornell universityExtreme heat