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A devastating apparel factory disaster in Bangladesh doesn't directly involve any large...

A devastating apparel factory disaster in Bangladesh doesn't directly involve any large well-known companies, but could affect global retailers as an increased focus on safety appears imminent. Retailers which reportedly bought clothes from suppliers located in the collapsed building in the recent past include The Children's Place (PLCE), Wal-Mart (WMT), Dress Barn (ASNA), Primark (ASBFY.PK), and Benetton (BNGPY.PK). Analysts think the sector will rethink supply chain decisions with a heightened focus on safety. 
Comments (1)
  • Analysts are probably correct, but the "rethinking" may not be what many expect as more likely than not it will be "okay, where can we move to this time." Things are not that complicated, and are certainly not limited to the garment industry.
    25 Apr 2013, 10:10 PM Reply Like
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