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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.

Bangladesh joins global garment makers to demand better terms from retailers

Garment makers in nine countries including Bangladesh 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

Garment makers unite to demand better contract terms from retailers

Garment makers unite to demand better contract terms from retailers
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