GLOBAL - A new multi-stakeholder initiative dedicated to driving industry-wide progress on key issues in garment and footwear supply chains says brands and retailers need to improve their purchasing practices.
The Industry We Want (TIWW) initiative quotes the Better Buying Institute’s (BBI) new Partnership Index which gave buyers an annual score of just 39 out of a maximum of 100.
"These findings paint a clear picture of the pressure suppliers are under with so many buyers never, rarely, or sometimes providing enough time, adequate visibility, stable business, and fair financials," said a TIWW statement.