LONDON — Britain’s Arcadia Group, parent of brands including Topshop, Topman, and Miss Selfridge, said Wednesday it will sign the binding Bangladesh fire and safety accord with unions, despite doing a small amount of business in the country.
“As a large clothing retailer, we were deeply saddened by the recent events in Bangladesh, and our thoughts are with all of those affected,” the company said.
Arcadia said that Bangladesh represents a small percentage of its total supply chain. Topshop’s purchases from Bangladesh are less than 25,000 pounds, or $29,430 at current exchange, to date this year.
“However, in order to show support for the initiative that this accord is proposing to undertake, we as a group will be signing up. This will be done on the condition that we understand the final costs to us, which to date has not been made clear.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)