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Global fashion brands to raise purchase prices for Bangladesh-made clothes

Global fashion brands like H&M, Gap to raise purchase prices for Bangladesh-made clothes

Global fashion brands like H&M, Gap to raise purchase prices for Bangladesh-made clothes
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Global fashion brands say to raise purchase prices for Bangladesh-made clothes

NEW DELHI: Global fashion retailers including H&M and Gap are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a US-based asso

Global Fashion Brands Say to Raise Purchase Prices for Bangladesh-made Clothes

Global fashion retailers including H&M and Gap are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a U.S.-based association representing more than 1,000 brands said. Bangladesh is the world's biggest garments exporter after China. This week, after deadly protests between police and factory workers, the government mandated an almost 60% raise to the minimum monthly wage to 12,500 taka ($113) from December, the first increase in five years, Reuters reported.

H&M, Gap among global brands to increase prices for Bangladesh-made clothes due to higher worker wages

NEW DELHI: Global fashion retailers including H&M and Gap are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a US-based asso

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