H&M tries exclusivity agreement

14 November 2013
The Phnom Penh Post
Clothes / Economy and commerce / Foreign investors / Garments and textiles / Industries / Investment
Anna Gedda / Bloomberg News / H&M Company / Swedish aid

Clothing giant H&M is testing the garment production waters by entering into exclusivity agreements with factories in Cambodia and Bangladesh, according to a report from Bloomberg News yesterday.

This means that Sweden-based H&M would buy all of the factory’s output. H&M, it seems, would still be free to source from other producers in Cambodia. …

 Daniel de Carteret
http://www.phnompenhpost.com/business/hm-tries-exclusivity-agreement

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