PLEASE NOTE: This site uses cookies and similar technologies.

If you do not change your browser settings you are agreeing to their use.

Ecotexile News
Ecotexile News
Ecotexile News
Ecotexile News
Social Media
Home Twitter Facebook Linked In RSS Feed
Published on Wednesday, 15 October 2014

H&M calls for index-linked wages in Bangladesh

Written by John Mowbray

DHAKA – H&M head Karl-Johan Persson has called for wages in Bangladesh's textile industry to be linked with local price inflation during a visit to meet Bangladesh Minister of Commerce Tofail Ahmed. Bangladesh is a key supplier market for H&M, from which it sources products from around 300 factories employing over 600,000 workers.

Persson used the meeting to present H&M's request for systems that regulate costs and prices in Bangladesh and also highlighted the need for continued wage development through annual revisions.