Having bought nearly $5 billion worth of apparel from Bangladesh clothing manufacturers and suppliers, the Swedish retail giant H&M is one of the largest buyers in this industry. With over 4000 stores in 61 countries and expanding to countries like India, New-Zealand, Cyprus and Puerto Rico, the fashion brand is aggressively moving forward.
One reason for the popularity of sourcing apparel from Bangladesh among fashion brands like H&M, is due to the zero-duty benefit to the European Union since 1971 under the Everything But Arms scheme of the EU.
After the Rana Plaza building collapse in 2013, many major brands faced criticism for not performing due diligence on the working conditions of many factories in Bangladesh. Since then, the Swedish giant has taken bold steps to ensure worker safety and ethical treatment.
This video shows a glimpse into what they have been doing:
What do you think fashion brands should do to make sure of apparel worker safety?
Let us know in the comments section below.
Data source: European Union and Bangladesh GSP Scheme