Garment factory owners in Bangladesh heaved a sigh of relief on Thursday as news spread quickly about a meeting between the government, industry representatives and representatives of international retailers and an agreement not to duplicate factory inspections.
Officials of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said that the burden of meeting different inspections standards of the Accord on fire and building safety in Bangladesh, a consortium of 150 mostly European retailers and the Alliance for Worker Safety, a consortium of 26 retailers from North America, had been one of the primary concerns among factory owners.
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EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)