Home / Knowledge / News / Apparel/Garments / Retailers urged to factor in workers living wages
Retailers urged to factor in workers living wages
29
Sep '10
At a time when the prices of main raw materials for textiles and apparels, like cotton and other man-made fibres are growing fast, global retailers are contemplating renegotiating prices with their suppliers in order to keep the production costs down.

A top official from a body has urged retailers to factor in the wages of the workers of their suppliers while renegotiating these prices.

Speaking to fibre2fashion, Martin Cooke, Deputy Director of the UK-based Ethical Trading Initiative (ETI) said, “Let's be clear, it's poor workers around the world who have been hit hardest by the global recession, and are most vulnerable to any rises in production costs”.

He added by saying, “It's therefore even more critical that retailers factor in the costs of a living wage for workers in their price negotiations with their suppliers, and work with their suppliers to make sure that workers' wages rise over time.”

Cotton prices have touched 15-year historic highs in recent years at the New York Cotton Futures Market and in the process have crossed the US $1 / lb mark.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search