Date of publication: March 5, 2009
Source: Ethical Corporation
Author: Sean Ansett
Excerpt from article:
Brands may have to cut orders with supplier factories in a recession, but there are ethical ways of doing so, says Sean Ansett
The economic crisis is creating new dilemmas for brands, suppliers and workers in global supply chains. When the tills stop ringing on the high street, suppliers that make products for these brands face diminished cash flows, fewer orders and job cuts.
The textile industry has been hit particularly hard. In January, according to trade magazine Just Style, textile imports into the US were down 23% year-on-year...