Wednesday, May 15, 2013

Big retailers back safety accord in Bangladesh

NEW YORK (AP) ? Four of the world's biggest retailers agreed to sign a pact to improve safety at garment factories in Bangladesh nearly three weeks after more than 1,100 workers died in a building collapse in the country.

H&M, C&A, Primark and Inditex, owner of the Zara chain, on Monday said they would sign a contract that requires that the companies conduct independent safety inspections, make reports on factory conditions public and cover the costs for repairs. It also requires them to stop doing business with any factory that refuses to make necessary safety upgrades.

The companies join two other retailers that agreed to sign the agreement last year: PVH, which makes clothes under the Calvin Klein, Tommy Hilfiger and Izod labels, and German retailer Tchibo.

Source: http://news.yahoo.com/big-retailers-back-safety-accord-bangladesh-183825209.html

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