A leading European retailer is now searching for alternative sourcing destinations after US-based Walmart blacklisted 250 Bangladeshi garment factories. H&M, the biggest buyer of Bangladeshi clothes in Europe, is rethinking its sourcing policy in the wake of factory collapse in Bangladesh on April 24 that
Walmart, the world’s largest retailer, will conduct its own safety inspections at its Bangladesh factories instead of joining an accord with other retailers. More than 1,100 people died when the nine-storey Rana Plaza building in Bangladesh collapsed on 24 April.
It will inspect all factories in the country US retailer Walmart said on Tuesday it did not plan to sign a Bangladesh fire and building safety accord drawn up by labour groups because it believed its current safety plans would get faster results, reports Reuters. While AFP said the retail giant would conduct in-depth