H&M sources apparel from local factories in Bangladesh, but order volumes are declining due to global demand issues.
2 reports, 1 independent
Updated Aug 6
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What happened
H&M sources apparel from local factories in Bangladesh, but order volumes are declining due to global demand issues.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Energy crisis and low gas pressure are causing struggles in Bangladesh's garment industry, leading to declining EU exports.1 source
Global demand decline is affecting H&M's apparel order volumes from Bangladesh.1 source
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The entities involved
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H&M
Swedish multinational clothing-retail company
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Bangladesh
country in South Asia