By Chris Kirkham (Reuters) - U.S. workplace safety regulators have announced more than $4 million in penalties on more than 300 employers they say put.
Exclusive: Most U S firms hit with COVID-19 safety fines aren t paying up reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
What recovery? Clothes retailers cut orders while factories fight to survive
Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack.
The global apparel industry, reeling from a punishing 2020, is seeing its hopes of recovery punctured by a new wave of COVID-19 lockdowns and patchy national vaccine rollouts.
Some major retailers are still nursing last year’s clothes, which would have been sold off in clearance sales in normal times. British chain Primark, for example, told Reuters it was housing around 150 million pounds ($205 million) worth of 2020 spring/summer stock and 200 million pounds from autumn/winter.
(Fixes dropped letter in Raffy Kassardjian's name) By Victoria Waldersee and Ruma Paul LISBON/DHAKA, Feb 8 (Reuters) - Clothes retailers in Europe and.