News
H&M may raise prices to pay workers
Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers
H&M Says Garments Made in Cambodian Factory Without Approval
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...
Walmart and H&M Suppliers Pay Workers at Closed Cambodia Plant
Suppliers to Wal-Mart Stores Inc. (WMT) and Hennes & Mauritz AB (HMB) agreed yesterday to pay about $145,000 in back wages and severance to about 160 workers at a Cambodian factory that closed in November, a labor activist involved in the deal said. The agreement, which ...
