Blog: Business as usual not an option in Bangladesh
Leonie Barrie | 27 April 2015
A number of reports and events last week to mark the second anniversary of the Rana Plaza disaster all emphasised that while progress has been made towards a safer garment industry in Bangladesh, some major challenges still lie ahead. A special report on just-style looks at the new concerns and frustrations now coming to the fore for industry executives.
Plans by Italian fashion retailer Benetton Group to double the amount of compensation paid into the Rana Plaza Trust Fund to US$1.6m following an independent assessment by PwC have also been slammed as "insufficient" by labour rights groups.
And Australian fashion brands are criticised for not doing enough to protect workers in their international supply chains, with many lacking full transparency and a knowledge of where their raw materials are sourced, a new report has found.
One of the top future priorities for German sporting goods giant Adidas Group will be to drive self-governance throughout its supply chain, giving suppliers more responsibility to manage their downstream supply chains and moving towards public reporting.
The move was revealed in its annual Group Sustainability Report, which coincided with news it is teaming up with Parley for the Oceans to act against ocean pollution and use materials made of ocean plastic waste in Adidas brand products.
Sustainability was also a theme at the recent Amsterdam Denim Days event, where firms discussed new technologies and processes to reduce the impact of denim production on the environment and worker health. Innovations were also on show in digital printing, more sophisticated weaves, and vegan fabrics.
But a report from the Fairtrade Foundation suggests cotton growing is failing to provide millions of farmers with a sustainable and profitable livelihood.
Meanwhile, Under Armour has been hailed as "the next global athletic company" after the US company recorded its 20th consecutive quarter of 20%-plus revenue growth.
But Gap Inc is "not close" to finding the right formula to turn around its namesake brand’s fortunes in the US market, an analyst believes.
Just a few days after the introduction of a package of bills to help invigorate a long-delayed US trade agenda, the legislation was last week passed by both the Senate Finance Committee and the House Ways and Means Committee. It will now go to the full House in the coming weeks.
The bills could pave the way for "fast track" negotiations on the Trans-Pacific Partnership (TPP) – and there’s a strong chance it won’t be the deal US apparel importers have pushed for.
In other news, garment workers in Myanmar have ended strike action after securing a 37% pay rise; Timberland has set out its longstanding commitment to sustainability; and Chinese investment could flow into the Moroccan clothing and textile sector as a new deal is discussed.
Fashion retailer H&M and UK based glove and leather manufacturer Pittards both say they are monitoring the situation in Ethiopia closely after the country's government declared a state of emergency af...
Increasing competition for garment sourcing contracts is seeing China not only being challenged by other countries in Asia, but by sub-Saharan African and even Russian suppliers too. And it is pushing...
The monthly minimum wage for workers in Cambodia's textile, garment and footwear sector is set to rise to $153 from January next year, following a vote on the issue last week. The increase marks a ris...
The results of two highly-anticipated initiatives in the sportswear sphere were revealed last week: the launch of Under Armour’s new UAS lifestyle brand and the first pair of running shoes created at ...
- Fashion fit for the future – strategies for speed
- How PVH is paving the way for connected apparel
- Digitisation to drive new apparel-making models
- Pakistan industry seeks help to kickstart exports
- Under Armour Lighthouse will disrupt production
- US Q3 in brief - Rocky Brands, Gymboree Corp
- Child refugees found in Turkey apparel factories
- Primark sourcing chief Gordon steps down
- Chinese manufacturer invests $20m in US facility
- Managing change in the move to new tech tools
- Africa-Med strategic sourcing review – comparing East Africa, North Africa and Turkey
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global Sports and Fitness Wear Market 2016-2020
- Global market review of lingerie – forecasts to 2022