BATH - Global risk consultants Verisk Maplecroft are warning that fashion brands and retailers may have to stop sourcing from Myanmar or face reputational and legal, risks following the armed coup in the country.
Major brands, including H&M and Primark, say they are closely monitoring the situation before deciding whether or not to continue their business relationships in the country.
Experts at Verisk Maplecroft warn that the country's "booming garment industry" could be a "major loser" after the military seized power and declared a one year state of emergency.
