×
317
Fashion Jobs
ON TIME SOLUTIONS
Mnc Plastic Industry is Hiring Production Manager (Plastic)
Permanent · Bengaluru
HALONIX TECHNOLOGIES
Area Sales Manager/Territory Manager - Institutional Sales
Permanent · Dehradun
GOKALDAS EXPORTS
Manager - Warehouse (Apparel / Garment Background)
Permanent · Bengaluru
ADIDAS
Director - Finance fp&a Fsf
Permanent · CHENNAI
ADIDAS
Manager Digital Analytics - Product
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant
Permanent · GURUGRAM
RJCUBE STAFFING SOLUTIONS
Production Manager - Upholstery (Leather & Fabrics) For Greater Noida
Permanent · Greater Noida
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments-Woven/Knits For Garments Buying House, Noida
Permanent · Noida
NIKE
Information Security Risk Analyst (Grc) – Cis
Permanent · Bengaluru
RJCUBE STAFFING SOLUTIONS
qa/qc- Garments (Jersey, Etc) For Garments Buying House, Noida
Permanent · Noida
ZEN TECHNO ENGINEERING PVT LTD.
Production Manager
Permanent · Pune
ADIDAS
Manager Buying & Planning Operations
Permanent · GURUGRAM
ADIDAS
Product Owner Data Foundations
Permanent · GURUGRAM
ADIDAS
Senior Product Owner
Permanent · GURUGRAM
ADIDAS
Product Owner
Permanent · GURUGRAM
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
TATA AUTOCOMP
Opening For Production Head at Chinchwad Plant
Permanent · Pune
THE BANYAN HR CONSULTS
Regional Sales Manager For Women's Wear Garments CO For Delhi & Ncr
Permanent · National Capital Region
Published
Apr 28, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

UK retail cancels £2.5bn worth of orders from Bangladesh

Published
Apr 28, 2020

The cancellation of orders by UK retailers is causing a "major crisis" for Bangladesh’s garment industry, according to a government minister. The country  has stockpiles of completed orders that won't be delivered and is faced with not getting the future revenue it had planned for.


Cancelled orders have left stockpiles in Bangladeshi factories and many in danger of collapse



The country’s commerce minister Tipu Munshi has called on the British government to take action to prevent a wipeout in the industry that currently employs 4 million people. There have been suggestions that as much as £2.5 billion worth of contracts have been cancelled with retailers including Arcadia, Debenhams, Asda, Peacocks, New Look and Sports Direct among those cancelling some of the goods they’d ordered for the spring/summer season.

Munshi said that many garment factories were in danger of going under, which would create a further problem in the country beyond the impact currently being seen. 

The factories may collapse. They will not be able to pay key costs and may not be able to run again,” he said in an ITV interview. “That’s a major problem. The British government should take care of this. They have a responsibility. In our country, the government have taken positive steps to support [garment factories]. The UK should have to support the retailers also, so there is stimulus, so they can take this load to support us.”

Bangladesh is currently in lockdown and has been so since March 26 with millions of garment workers told to stay at home, although there have been reports that some have been breaking the lockdown.

Bangladesh is a popular location for UK retailers outsourcing production. But its low wages mean very few workers are prepared for a crisis such as this and with wages not being paid during the lockdown, large numbers of workers are suffering disproportionately. There’s no furlough scheme in Bangladesh as there is in the UK, although the government is offering factory owners interest-free loans in the hope that this will allow them to support their operations (and their workers) during the crisis.

Some UK retailers have come in for heavy press criticism over the cancellation of orders and a number of them have stressed how they've been in negotiations with suppliers and have committed to paying for the orders placed. Both M&S and Primark have stressed that they’ve done this and Asda said that it was paying 60% for the orders it was unable to accept. 

Meanwhile, New Look told ITV that it has reinstated some of the orders it had cancelled from Bangladesh. “We regrettably had to inform suppliers we could not place new orders and would be temporarily postponing outstanding payments. We only did so out of absolute necessity. We have started making some supplier payments where we are able to do so,” it said.

Copyright © 2023 FashionNetwork.com All rights reserved.