PENNSYLVANIA - Millions more garment workers could lose their jobs as global brands continue to demand price cuts and payment delays from suppliers who are desperate for new orders to survive the pandemic, according to a new report.
More than half of suppliers surveyed said that they were being forced to accept prices for orders that were actually below the costs of production - and they were being forced to wait even longer for payment.
The report, entitled 'Leveraging Desperation: Apparel Brands’ Purchasing Practices during COVID-19', says suppliers are being asked to make garments for prices 12 per cent cheaper on average than last year.
