On the Line: More Garment Factory Closures Rattle Bangladesh

On the Line is a weekly roundup of sourcing and labor quick hits in the apparel and footwear industry, from worker protests to boardroom maneuvering, tracking the developments shaping conditions on the factory floor and beyond.

Bangladesh's order shortage and production cost woes have claimed more victims as Unique Designers and Unique Washing & Dyeing in Gazipur's Board Bazar neighborhood announced this week that they will be shuttering permanently, leaving at least 1,800 workers unemployed.

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The factories, which counted brands such as C&A, Wrangler owner Kontoor Brands, S.Oliver and New Look among their clientele, according to public records, will pay all outstanding wages, employment benefits and other legal dues by July 27, according to a tripartite meeting involving their owners and workers.

The Daily Sun said the closures are part of a broader trend that shows no sign of slowing down. Citing industry data, it said 457 factories across seven major industrial zones in Bangladesh have closed for good between August 2024 and June. Of these, 205 shut down due to insuf

Fuente original: Yahoo Finance (https://finance.yahoo.com/small-business/articles/line-more-garment-factory-closures-214029306.html)