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

Cambodia Garment Wages Set to Rise as H&M Pushes New Approach

Swedish clothing giant H&M recently announced a program to boost wages for garment workers in its sub-contractor factories around the world, including in Cambodia, where the company is a leading buyer. H&M’s announcement comes at the end of a turbulent year in the garment sector ...

Robert Carmichael
http://www.voanews.com/content/cambodian-garment-wages-set-rise-hm-pushes-new-approach/1803179.html

CAMBODIA: H&M calls for annual minimum wage review

The Cambodian government should construct an effective annual review system for the minimum wage to ease worker unrest, according to clothing retail giant H&M. The Swedish company’s comments came after CEO Karl-Johan Persson visited the country in mid-October, meeting Cambodia Prime Minister Hun Sen and other ...

Richard Woodard
http://www.just-style.com/news/hm-calls-for-annual-minimum-wage-review_id119576.aspx

H&M reveals suppliers

About a quarter of the garment factories in Cambodia that supply Swedish clothing giant H&M have been the scene of mass faintings or large-scale strikes since 2010, based on a suppliers list the clothing giant released late last week. Along with its 2012 sustainability report, the ...

http://www.phnompenhpost.com/2013032564667/National/h-m-reveals-suppliers.html

Wal-Mart and H&M Pay $200,000 to Cambodian Workers in Historic Settlement

When tales emerge from the retail supply chain, they’re usually tragic, like the alleged sweatshop conditions at the Foxconn (HKG:2038) plants that churn out Apple (NASDAQ:AAPL) products, or the 112 Bangladeshi workers who died when their factory, where clothes for Wal-Mart (NYSE:WMT), Sears Holdings (NASDAQ:SHLD), ...

http://www.minyanville.com/sectors/consumer/articles/WalMart-and-H2526M-Pay-2524200000-to/3/14/2013/id/48722#ixzz2NZEjJhlW

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