WASHINGTON — Despite a pending increase in Bangladesh’s minimum wage, apparel companies are keeping their production in the country for the moment. But disruptions caused by strikes and worker unrest could change the equation quickly.
In late July, the Bangladesh government moved to increase the country’s minimum wage following months of widespread, violent protests by workers and their unions. The government said the minimum wage will increase to 3,000 taka a month, or $43 at current exchange rates, effective Nov. 1. The move nearly doubled the previous minimum wage of 1,662 taka ($24), but fell short of the 5,000 taka ($72) called for by workers.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)