The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
PHNOM PENH, Cambodia — Cambodia says it will raise the minimum wage in its clothing industry by 9.4 percent to $140 a month.
The increase falls short of labor unions' $160 proposal.
A Labor Ministry statement said Thursday it was increasing the wages on instructions from Prime Minister Hun Sen after eight days of tense negotiations in a committee representing employers, workers and the government.
The new wages take effect at the beginning of next year.
Three years ago, a militant union campaign to double the then-minimum wage of $80 in the textile, garment and footwear industries resulted in clashes with police and a crackdown on public protests. A $100 level was set for 2014 and $128 this year.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.