Major brands from Aldi to Zara agreed on Thursday to improve conditions for up to 2 million Bangladeshi garment workers, four years after a garment factory collapse in Dhaka killed more than 1,000 people.
Five global high street fashion brands have pulled out of a major garment industry event in Bangladesh due to concerns over a crackdown on unions demanding better pay in textile factories, campaigners said on Wednesday.
Textile Exchange has received commitments from various apparel brands to the Responsible Wool Standard (RWS), which is a voluntary global standard that addresses the welfare of sheep and of the land they graze on.
The world's two biggest fashion retailers Inditex and H&M have backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building that killed more than 1,100 people.
German consumer goods group Beiersdorf beat forecasts for 2011 profit, helped by a restructure that axed unprofitable lines like haircare and make-up and by heavy investment in its Nivea brand, including campaigns tha...