HONG KONG – The majority of apparel buyers are still not paying their suppliers for samples or rewarding textile manufacturers with incentives for environmental and social compliance, according to Marsha Dickson from the Better Buying program which allows textile mills and garment makers to rate their customers’ buying practices.
Speaking to delegates at the recent Fashion Summit in Hong Kong, Dickson gave a taster of the latest Better Buying findings ahead of the next update on supplier ratings of fashion industry buyers which are scheduled to be released in October.
Created in collaboration with suppliers, the rating system looks at seven key buyer purchasing practices that could affect a supplier’s ability to stick to the terms of any contract and operate efficiently while providing a safe work environment and maximising profitability.
All the submitted supplier data is aggregated and remains anonymous.