DHAKA – 58 global investors have written to the Government of Bangladesh expressing concern over human rights and environmental practices…Read the full story… Investors voice concerns over Bangladeshi tanneries
Tag archives: Finance
Bangladesh defies MEPs and says Accord must go
DHAKA – The Government of Bangladesh appears to have dashed hopes that it would extend the tenure of the Bangladesh…Read the full story… Bangladesh defies MEPs and says Accord must go
H&M: an €8 sweater CAN be produced sustainably
STOCKHOLM – A sweater that costs as little as €8 can be produced in a sustainable way, claims Swedish fast…Read the full story… H&M: an €8 sweater CAN be produced sustainably
US polyester producers complain of Chinese, Indian dumping
WASHINGTON – Two leading US polyester producers, Unifi and Nan Ya Plastics, have filed petitions alleging that dumped and subsidised…Read the full story… US polyester producers complain of Chinese, Indian dumping
New Look to exit Chinese market
SHANGHAI – UK fashion chain New Look is abandoning the Chinese market as part of moves which may see it…Read the full story… New Look to exit Chinese market
US textile reshoring ‘modest’ in scale, figures suggest
WASHINGTON – Figures from a new paper by the US International Trade Commission (USITC) suggest that talk of a ‘Made…Read the full story… US textile reshoring ‘modest’ in scale, figures suggest
Cambodia ramps up war of words with EU
PHNOM PENH: Proposals by the EU to strip Cambodia of its trading benefits over human rights concerns have been slammed…Read the full story… Cambodia ramps up war of words with EU
McKinsey study finds growing appetite for near-shoring
NEW YORK – Near-shoring of apparel production is forecast to soar as automation and rising labour costs in Asia mean…Read the full story… McKinsey study finds growing appetite for near-shoring
Investors call for living wages for garment workers
AMSTERDAM – A group of global institutional investors with combined assets of more than €725bn have called for fairer wages…Read the full story… Investors call for living wages for garment workers