Worker Rights Consortium (WRC) has decided to remove Gap Inc from its COVID-19 tracker of companies that failed to pay their manufacturers for canceled orders that were completed or were in production. This development comes after Gap Inc committed to pay suppliers in full for orders it has canceled due to the pandemic that was already completed or in production. The company has also assured vendors to compensate in full for finished goods or goods in production that were canceled or subjected to pack and hold. It is working towards providing low-cost financing to its vendors by working with their banking partners to increase the number of funds available within the program.
A WRC spokesperson hailed Gap’ as being creditworthy as the corporation was put through severe challenges during the crisis even more so than those confronting some of its competitors and given the large volume of orders at stake. WRC had previously criticized Gap for canceling orders and had demanded ‘sizable discounts’ to accept some orders and extend payment terms without providing adequate low-cost financing.












