Bangladesh Garment Industry at Crisis| Workers Unpaid Lost Jobs| International Brands PayUp| Covid19

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1931 brands which have either delayed, put on hold or straight-up cancelled their orders since the onset of Covid-19 The total value of these orders is around $3.7 billion.

About 470 of the buyers are from the US and approximately 280 others from the UK. Italy and Canada follow closely with approximately 180 and 170 buyers fully or partially cancelling or putting their orders on hold. Fifth and sixth in line are Germany and France, with approximately 150 and 140 buyers.
At least 127 major brands cancelled contracts in various stages of production -- sometimes turning away finished products lying at the port -- or reneged on promised contracts. An overwhelming majority are asking for massive discounts for products already produced or delaying payments by six months to a year, or worse, indefinitely.
BGMEA president Rubana Huq said that as of May 20, these brands had reinstated up to 58 percent of their initial cancellation.
According to Industrial Policy data, over 20,000 apparel workers in Bangladesh have already lost their jobs as of June 22, 2020



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