LONDON - Brands and retailers have been accused of evading their responsibilities over the COVID-19 pandemic by failing to disclose key details of their purchasing practices.
The Fashion Revolution 2020 Fashion Transparency Index reveals that only six per cent of brands disclosed whether they had a policy to pay suppliers within a maximum of 60 days, and just two cent revealed how often they paid suppliers on time.
The non-profit's policy director and report author Sarah Ditty said many of the world’s biggest fashion brands were evading responsibility, and its associated costs, in much the same way as they did following the Rana Plaza factory collapse in Bangladesh seven years ago.
