VF Corp. is collaborating with the International Finance Corp. unit of the World Bank Group to provide up to $10 million in financing for building upgrades in its vendors’ factories in Bangladesh.
The program is the final and largest piece of a $17 million funding commitment, made last month by the Greensboro, N.C.-based apparel giant, to assist Bangladesh plants and workers. This commitment is in addition to the company’s activities as a founding member of the Alliance for Bangladesh Worker Safety, in which its fellow members include Wal-Mart Stores Inc., Target Corp. and Gap Inc.
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)