Global apparel major H&M to not seek discounts from Bangladeshi suppliers

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Global apparel major H&M to not seek discounts from Bangladeshi suppliers - Business Standard

Quick Summary:

We have expressed to our suppliers that we would not seek any discount due to delays that might happen under the current circumstances.

Only orders in fabrics of Indian origin are expected to be shifted to Indian factories, he added.

However, an email sent to the company did not elicit any response.“Bangladesh’s growth in the textile sector has been inspiring and has lent strength to the trade flows in the entire subcontinent.