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Global garment makers unite to demand better terms from retailers


Global garment makers unite to demand better terms from retailers
04/01/2021 | 02:19am EDT
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DHAKA/LISBON(Reuters) - Garment makers in nine countries spanning Asia, the Middle East and North Africa have banded together to demand better contract terms from global clothing retailers, according to a draft document seen by Reuters.
The suppliers hope their united front will prevent retailers from playing them off against each other in search of more lenient terms after suffering from widespread cancellations and payment delays at the start of the coronavirus pandemic.
Global retailers including Arcadia, Gap, Kohl s, and Primark cancelled or paused orders with garment-making factories in Bangladesh worth almost $3.7 billion in March and April last year, the results of a local survey of factories seen by Reuters showed. ....

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Global garment makers unite to demand better terms from retailers - Netscape Money & Business


Global garment makers unite to demand better terms from retailers
By Victoria Waldersee and Ruma Paul
Reuters
DHAKA/LISBON(Reuters) - Garment makers in nine countries spanning Asia, the Middle East and North Africa have banded together to demand better contract terms from global clothing retailers, according to a draft document seen by Reuters.
The suppliers hope their united front will prevent retailers from playing them off against each other in search of more lenient terms after suffering from widespread cancellations and payment delays at the start of the coronavirus pandemic.
Global retailers including Arcadia, Gap, Kohl s, and Primark cancelled or paused orders with garment-making factories in Bangladesh worth almost $3.7 billion in March and April last year, the results of a local survey of factories seen by Reuters showed. ....

United States , United Kingdom , Sachsen Anhalt , Republic Of , Aishwarya Venugopal , Miran Ali , Li Fung , Kirsten Donovan , Carmel Crimmins , Ruma Paul , Workers Rights Consortium , Penn State Center , Marks Spencer , European Center , European Centre For Constitutional , Star Network , American Eagle Outfitters , European Union , International Apparel Federation , Victoria Waldersee , Middle East , North Africa , International Apparel , Global Worker Rights , Hong Kong Based , Eagle Outfitters ,