Topics

Hennes & Mauritz AB
H&M promises to pay textile workers 'living wage' by 2018
H&M promises to pay textile workers 'living wage' by 2018

Swedish clothing retailer H&M on Monday said it is developing a plan to ensure about 850,000 textile workers earn a "living wage" by 2018. Hennes & Mauritz, the world's second-largest clothing retailer, said it will begin its pay strategy with three factories -- two in Bangladesh and one in Cambodia -- by 2014. The plan involves improving its purchasing practices to ensure its suppliers pay workers the true cost of labor, the company said.  "It has always been our vision that all textile workers should be able to live on their wage," a statement by the company said. "We believe that the wage development, driven by for example governments in some...

Loading