BANGLADESH: Inditex and New Look pay fire victim families
The family of each of the deceased female workers will receive BDT1.049m (US$13,300)
The agreement was negotiated by the regional office of the Industriall global trade union federation, the Industriall Bangladesh Council of trade unions (IBC) - with the amount agreed and the payment made less than a month after the blaze.
The family of each of the deceased female workers receives BDT1.049m (US$13,300), with an additional 10% allocated to meet children's educational costs.
The injured workers, as well as those who lost their jobs, will also receive compensation. The workers earned an average monthly wage of BDT4,000 (US$50).
As well as payments from Inditex and New Look, employers' associations Bangladesh Garment Manufactures & Exporters Association (BGMEA) and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) will each pay BDT100,000 (US$1,270) to every family.
The Bangladeshi government also says it will announce its compensation package "very soon."
Industriall general secretary Jyrki Raina has also pledged to pursue a similar compensation package with the brands and buyers that sourced from Tazreen Fashion, where another fire killed 112 workers in November.
The compensation was agreed in the same week that a multi-stakeholder group met in Dhaka to discuss the need for urgent progress on workers' rights, minimum wages and fire safety in the Bangadeshi garment industry.
Environmental concerns focus on a range of pollutants in that water, from pesticides on cotton fields to dust storms caused by overgrazing in Inner Mongolia by cashmere goats....
Inditex was founded in 1963 by Amancio Ortega Gaona. The group opened its first Zara shop in 1975 in A Coruna, Spain. Inditex was established as the head of the corporate group in 1985. The group witn...
More than 200 companies have now signed the Accord on Fire and Building Safety in Bangladesh following the collapse of the Rana Plaza factory building in Dhaka, which killed more than 1,100 people in ...
Mexico is Inditex’s third largest sales territory on a global basis, behind only Spain and Portugal. All of the company’s brands (Zara, Bershka, Oysho, Massimo Dutti, Pull & Bear, Uterqüe, Stradivariu...
Inditex, Industria de Diseño Textil SA is present in Colombia with its Zara, Bershka, Massimo Dutti and Stradivarius brands. The company plans to continue expanding into major and medium-sized cities....
- Speed to market key to Adidas 2020 growth plan
- SuperGroup to adapt sourcing model for speed
- SOURCING: Production problems weigh on Pakistan
- PSF 2015: GAFTI gears for change in apparel auditi
- Cutting-edge companies focus on consumer needs
- Transparency call for German apparel firms
- Lululemon Athletica on “strong growth” track
- Strike at Adidas and Nike shoe factory in Vietnam
- El Corte Ingles to accelerate time to market
- Honduras “union-busting” rift unresolved
- Myanmar's Garment Sector - Opportunities & Challenges in 2015
- Management briefing: Outlook 2015: Apparel industry issues in the year ahead
- Outdoor performance apparel: peaks, valleys, and green fields
- Apparel Retail: Top 5 Emerging Markets Industry Guide
- Global market review of swimwear - forecasts to 2019