Page 21 - TEXtalks International October/November 2022

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F
ashion Accountability R
eport 2022 highlights
Fashion Accountability Report 2022 highlights
major issues in low-income countries
major issues in low -income countries

Some dedicated watchdogs are monitoring the Chanel, J.Crew, Allbirds, on their journey to
, Allbirds, on their journey to
Some dedicated watchdogs are monitoring the
.Crew
Chanel, J
violations of labor and environmental laws committed intersectional social and environmental sustainability .
intersectional social and environmental sustainability.
violations of labor and environmental laws committed
by garment producers in low-cost countries
by garment producers in low-cost countries Companies lifting compliance issues include
Companies lifting compliance issues include
producing apparel for different brands. Re/make
American Eagle Outfitters, Gap, Kering, and
producing apparel for different brands. Re/make American Eagle Outfitters, Gap, K ering, and
released its F ashion Accountability Report for 2022 Lululemon, revealed Barenblat, the CEO of R/make.
Lululemon, revealed Barenblat, the CEO of R/make.
released its Fashion Accountability Report for 2022
, there is
She said they are making progress. However
that charged brands overlooking sustainability and
that charged brands overlooking sustainability and She said they are making progress. However, there is
a need to engage more companies to assist and
social justice issues in manufacturing hubs like
social justice issues in manufacturing hubs like a need to engage more companies to assist and
guide their suppliers toward social justice. The
Bangladesh, Cambodia, Sri Lanka, and P akistan, guide their suppliers toward social justice. The
Bangladesh, Cambodia, Sri Lanka, and Pakistan,
among other places.
brands would have to set aside money to facilitate
among other places. brands would have to set aside money to facilitate
the transition in this regard.
the transition in this regard.
It states that garment workers undergo physical harm
It states that garment workers undergo physical harm
The report appreciated some brands that are sincere
because of outdated building codes and other The report appreciated some brands that are sincere
because of outdated building codes and other
in providing justice to garment workers. Citing an
violations, and even wage theft is still rampant. The in providing justice to garment workers. Citing an
violations, and even wage theft is still rampant. The
workers carrying the brunt of the load operate under
workers carrying the brunt of the load operate under e xample, it revealed Victoria’s Secret & Co., settled one
example, it revealed Victoria’s Secret & Co., settled one
of the largest ever single-factory wage theft cases by
pressure and economic pain as the prices of the largest ever single-factory wage theft cases by
pressure and economic pain as the prices
move downward. fronting the money to more than 1,250 Thai garment
fronting the money to more than 1,250 Thai garment
move downward.
workers who were owed $8.3 million when their factory ,
workers who were owed $8.3 million when their factory,
Brilliant Alliance, shuttered during the pandemic.
R/make reviewed 58 large companies, including Brilliant Alliance, shuttered during the pandemic.
R/make reviewed 58 large companies, including
Bangladesh facing slow growth due to
Bangladesh facing slow growth due to
multiple factors in its RMG sector
multiple factors in its RMG sector
While exports in other sectors in Bangladesh have
time. Going forward the work orders are expected to
While exports in other sectors in Bangladesh have time. Going forward the work orders are expected to
declined but the exports in the readymade garment
fall further. This may result in layoffs and create
declined but the exports in the readymade garment fall further . This may result in layoffs and create
worker unrest. The larger units would also be in
sectors were still in double-digit (10 percent) in the worker unrest. The larger units would also be in
sectors were still in double-digit (10 percent) in the
first four months of this fiscal although the growth rate trouble soon as this trend is likely to continue.
first four months of this fiscal although the growth rate
ouble soon as this trend is likely to continue.
tr
during July-October 2021 was double.
during July -October 2021 was double.
In July-October, garment exports grew only 10.55
In July
, garment exports grew only 10.55
-October
Industry experts point out that among the reasons for
Industry experts point out that among the reasons for percent year-on-year to $13.95 billion. It rose 20.78
-on-year to $13.95 billion. It rose 20.78
percent year
slow growth is high inflation in Europe where the bulk percent during the identical period last year. Of the
slow growth is high inflation in Europe where the bulk
. Of the
percent during the identical period last year
(60 percent) of RMG from Bangladesh goes. The gas total earnings from the apparel segment, $7.72 billion
(60 percent) of RMG from Bangladesh goes. The gas
total earnings from the apparel segment, $7.72 billion
and power crisis in garment factories is another
and power crisis in garment factories is another
came from knitwear, which was up 7.14 percent.
factor. The delay in the placement of orders by foreign
factor . The delay in the placement of orders by foreign came from knitwear , which was up 7.14 percent.
Sahidullah Azim, vice-president of the Bangladesh
buyers is yet another reason for slow growth. The
buyers is yet another reason for slow growth. The Sahidullah Azim, vice-president of the Bangladesh
Garment Manufacturers & Exporters Association was
Russian market has been lost due to the war in Ukraine Garment Manufacturers & Exporters Association was
Russian market has been lost due to the war in Ukraine
not hopeful of the early revival of orders. He told the
and the decline in global demand is another factor.
and the decline in global demand is another factor . not hopeful of the early revival of orders. He told the
media that shipments may fall by as much
media that shipments may fall by as much
Experts do not see a return of full growth for a long as 20 percent.
as 20 percent.
Experts do not see a return of full growth for a long
October/November 2022
October/November 2022