Five more global fashion brands have assured Bangladeshi exporters they would receive readymade garments that had already been produced and were in the process of being made against their orders.

These brands include Spaanish clothing company Inditex, British multinational retailer Marks & Spencer, French retail company Kiabi and US companies PVH Corp and Target have come forward and have informed us of their decision to take the ready goods along with the goods in production. Earlier, Swedish clothing retail company H&M assured of taking delivery of the already produced garments as well as goods in production.

H&M also said that they would pay for the goods under agreed payment terms and the retailer would not negotiate prices on already placed orders. The retailer would pay for the raw materials which were not used as yet and the payment terms to be decided by end of this week