Strike at SL eats into profits

Because of ongoing strikes and an inability to fill orders, SL Garment Processing (Cambodia) says it is shedding cash flow as buyers shift away from one of Asia’s largest producers, factory management confirmed yesterday.

International brands H&M and Gap reduced their orders, while Levi’s ceased buying from SL in August, said an SL representative who declined to be named because of heightened tensions over the strike. Neither SL nor brands would disclose the value of orders. …

The company said it has lost more than $1 million since the strike began on August 12.

Kong Athit, vice-president of C.CAWDU, said the onus is on factory management to meet demands so operations can resume again. …

Daniel de Carteret
http://www.phnompenhpost.com/business/strike-sl-eats-profits