×
82 264
Fashion Jobs
NIKE
Materials Digital Transformation Manager
Permanent · Beaverton
NIKE
sr Strategy Manager
Permanent · Beaverton
NIKE
Finance Analyst, Asia Pacific & Latin America Finance Process & Analytics
Permanent · Beaverton
NIKE
Lead Product Manager, Connected Product Analytics
Permanent · Beaverton
MICHAEL KORS RETAIL INC
Full Time Sales Supervisor Anchorage
Permanent · Anchorage
MICHAEL KORS RETAIL INC
pt Sales Supervisor
Permanent · Providence
SHISEIDO
Associate Manager, Marketing (Hermes Parfums)
Permanent · New York
SHISEIDO
Manager, Channel Marketing
Permanent · New York
SHISEIDO
Sales & Training Executive (Dallas)
Permanent · Dallas
ESTÉE LAUDER
Business Manager - jo Malone London - Bergdorf Goodman - New York, ny
Permanent · New York
ESTÉE LAUDER
Vice President, Global Human Resources Business Partner, Corporate Functions
Permanent · New York
FOOT LOCKER
Digital Marketing Manager, Champs
Permanent · Bradenton
L'OREAL GROUP
Director, SEO
Permanent · New York
L'OREAL GROUP
Assistant Vice President, Amazon Eretail - l'Oreal Professional Products Division
Permanent · New York
L'OREAL GROUP
Account Executive - Skinceuticals (Miami)
Permanent · Miami
NORDSTROM INC
Asset Protection - Security Ambassador -Nyc Flagship
Permanent · New York
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Colorado Springs
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Rice Lake
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Edwardsville
ROSS STORES
Compensation Analyst, Supply Chain
Permanent · Brookshire
ROSS STORES
Store Protection Specialist
Permanent · Harlingen
ROSS STORES
IT Manager ii (Supply Chain Warehouse Core Systems)
Permanent · Fort Mill
Published
Jul 8, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Levi's adjusts financing to give more support to garment workers

Published
Jul 8, 2020

Levi Strauss & Co. has announced its plans to give more support to its garment workers during the Covid-19 pandemic. 


Twitter @LeviStraussCo


A self-proclaimed "proudly progressive company," Levi's has a track record of ethical business moves, including previously announced plans to address its lack of company diversity; a donation of $1 million to a range of non-profits helping communities targeted by the Trump administration; and the launch of a number of environmental initiatives. 

When it comes to the company's relationship with its suppliers, Levi's has worked to provide support through an ongoing partnership with the International Finance Corporation (IFC), creating a program that gives suppliers access to early payments. However, despite its previous works, Levi's still recently appeared on a list of brands that have mistreated their garment workers during the Covid-19 pandemic.

The list, posted by the Worker Rights Consortium (WRC), claimed that Levi's was listed "among those brands that have not made sufficient commitments to pay for orders, on time and in full." 

After the list was published, Levi's released a statement on July 2 detailing its plans to adjust its financing for the benefit of garment workers.  

"We are taking full responsibility – and paying in full – for all finished, ready-to-ship orders and in-progress orders," the statement said. 

"We also plan to use raw materials already received by suppliers for product orders in later seasons. While we extended our payment terms, we believe our current terms are consistent with industry practice, and we have not asked for any discounts on payments. Our sourcing leads are staying in close conversation with suppliers and we are factoring their circumstances into our decisions."

The company continued, noting that it planed to expand access of its program with the IFC to more suppliers. On June 6, the WRC edited its list, confirming that Levi's had given all of its suppliers access to low-cost financing, guaranteed by Levi’s, to help them weather Levi’s payment delays, adding that "Levi’s is providing this access via an expansion of its IFC loan program and the creation of a new loan facility designed to accommodate suppliers ineligible for the IFC program." 

The announcement comes as initiatives like ethical fashion nonprofit Remake's #PayUp campaign call out several big brands, including Kendall and Kylie Jenner's dual brand, for not paying their garment workers during the pandemic as sales slide. Other businesses that have been accused of avoiding payments include American Eagle Outfitters, Gap and J.C. Penney, among several others.

Copyright © 2021 FashionNetwork.com All rights reserved.