Fashion brands paid Bangladesh factories less than cost - report

Posted By TheNewsCommenter: From News.yahoo.com: “Fashion brands paid Bangladesh factories less than cost - report”. Below is an excerpt from the article.

Major high street fashion brands have paid factories in Bangladesh less than the cost of producing their clothes, researchers claim.

A survey of 1,000 factories found many were paid the same prices as before the pandemic two years ago - despite soaring costs of materials.

Aberdeen University's Business School carried out the research alongside justice charity Transform Trade.

It found 90% of larger high street brands buying from four or more factories were reported as engaging in unfair purchasing practices.

These practices included cancellations, failure to pay, delays in payment and discount demands, with knock-on effects including forced overtime and harassment.

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