says making money from retail sales means they don t have to charge their customers interest. i think it s really important to say that buy now, pay later- is by no means all bad. i ve personally used buy now, pay later products, as i thinkl the banks have had it good for a long time. overdraft fees, expensive interest and so on. so, i think it s refreshing that we ve got some innovation in the market. i think for me, itjust comes back to the question of i where s the protection - and where is the counterbalance to make sure that young people, whose first interaction with credit, will undoubtedly- be buy now, pay later, to make sure that there is sufficient protection i and information for them i to make the right decision? when these buy now, pay later products first hit the uk credit market in 2014, they were an instant hit with fast fashion retailers. now, around half of all major online stores offer buy now, pay later.
same conditions where else. now disney already stopped production in bangladesh prior to this, before this. other companies may decide to follow. would that be worse, though, for bangladesh? the garment industry is 77% of the country s exports. it has provided socially acceptable jobs for women. they are low paying but jobs for women in a conservative majority muslim country. christine, that last factor is really, really important. it is one of the poorest countries in the world, and for the women who have this salary, they are not just supporting themselves, but the whole family, you know, tens of millions of bangladeshis depend on the 4 million who are working in the garment industry, so the quick answer to should western retailers pull out is no, obviously, because even though they make something like $38 a month, imagine that, that is the cost of maybe one sweater from one of these sort of fast fashion retailers here in the west, that make that money per month.