Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Asian factories suffer as brands cancel orders

As stores closed across Europe and the United States in March and April in response to the new coronavirus, many fashion brands and retailers cancelled orders for clothes, bags, and shoes worth billions of dollars from Asian garment factories, forcing them to close and lay off hundreds of thousands of workers.

After a public outcry, some Western companies agreed to pay for orders that have already been shipped or are in production. Others asked for discounts or have delayed payment, leaving suppliers struggling to stay afloat.

A few retailers are making new orders, but the long-term survival of Asia’s garment factories and the welfare of its laid-off workers are uncertain.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo