Cambodia is raising the minimum wage in its important clothing industry by 28 percent to $128 a month, falling short of labor unions’ $140 proposal.
Garment manufacturing is global. But the rules that protect workers are not, creating a race to the bottom amongst poor countries aiming to attract foreign investment with the lowest wages and flimsiest safety standards. In the wake of recent tragedies and protests in Bangladesh, Cambodia and Haiti, it’s time for a global minimum wage, argues Tansy E. Hoskins.
PHNOM PENH, Cambodia — Tens of thousands of garment workers have returned to work in Cambodia, ending a two-week pay dispute after authorities used deadly force to quell a strike and thwart a protest by their political allies seeking a re-run of a July election.
PHNOM PENH, Cambodia — Cambodian military police opened fire with assault rifles on Friday to quell a protest by garment factory workers demanding higher pay, and human rights workers said at least four people were killed.
STOCKHOLM, Sweden — Three decades after it started doing business with suppliers in Bangladesh, Hennes & Mauritz AB is seeking greater control of production in a nation where it is among the largest purchasers of clothing.
Cambodia Slowly Reweaves Its Silk Industry (NY Times) “Far from the glamour at fashion weeks in America and Europe, Cambodia’s silk industry is struggling to regain the foothold it lost during years of political and civil unrest.” Armani Hitches Wagon to Gaga (WSJ) “The 76-year-old designer’s multimillion-dollar partnership with the 24-year-old pop idol has put Mr. Armani ‘in a new creative
Three Separate Challenges (NY Times) “With a number of companies now being run by equity-market managers, you can bet your bottom dollar that they would love to get their hands on an experienced design maestro — if more were available.” A New Pragmatism Behind the Catwalk (IHT) “A post-recession strategy likely to define luxury brand management for the early 21st century has emerged from a week packed with