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& m, but only two american companies, abercrombie & fitch as well as the parent company of calvin klein and tommy hilfiger have joined them. from the signs of it other major u.s. clothing chains from walmart to gap to target wont be supporting the effort any time soon. why? well, the retailers believe the agreement would give labor groups and others the powers to take them to court. matthew shay of the natural federal retail federation says the accord exposes american companies to a legally ques...

& m, but only two american companies, abercrombie & fitch as well as the parent company of calvin klein and tommy hilfiger have joined them. from the signs of it other major u.s. clothing chains from walmart to gap to target wont be supporting the effort any time soon. why? well, the retailers believe the agreement would give labor groups and others the powers to take them to court. matthew shay of the natural federal retail federation says the accord exposes american companies to a legally ques...

Retailers and brands have signed on to the agreement, including h & m, but only two american companies, abercrombie & fitch as well as the parent company of calvin klein and tommy hilfiger have joined them. from the signs of it other major u.s. clothing chains from walmart to gap to target wont be supporting the effort any time soon. why? well, the retailers believe the agreement would give labor groups and others the powers to take them to court. matthew shay of the natural federal retail feder...

And quietly break them when the media and the public move on to other issues. in this case, these companies have now signed a binding enforceable contract that lasts for five years. that compels them to finance the upgrades necessary to make the factories fundamentally safe. the thing is, they cant walk away. its a contract, its enforceable in court. theyre going to have to follow it. thats one of the reasons why its been difficult to get some of these giant u.s. retailers to join. they want to ...

Critics say theres one area where walmart falls short. its hiring its own inspectors. gap isnt signing this pact. it says its ready do but it wants to make changes. gap doesnt want the pact to be legally binding. republican george miller has been very outspoken about this. >> these companies resisting, gap and others, do they want to have blood on their label? should the low price of their goods be subsidized by the blood of these poor workers in bangladesh and around the world? >> the eu commis...

Bangladesh and make the findings public and companies must stop working with factories that dont make safety upgrades. american retailers are balking. walmartological do i ologicawil. hire its own inspector to scrutinize the factories it uses in bangladesh making those public by june 1st. walmart says its better than the european plan, meets and exceeds the plan and will get more results quickly. this falls short, the retailer lost control of the supply chain is footing the inspectors bill. 129 ...

Independent sectors to oversee the factories but it would have cost them $500,000 each for a year. the parent companies of calvin klein, tommy hillfiger agreed. a lot of other major brands did not like the plan because it would have been costly and legally binding. now, retail experts say something has to be done in bangladesh or the companies may have to pull out altogether and that would kill what is considered to be a booming industry over there. john? >> john: trace gallagher. thank you. the...

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