Shipments could look up ahead of the Christmas but there is no guarantee,” said Siddiqur Rahman, a Bangladeshi garment supplier to H&M and GAP Inc among others. A Morgan Stanley survey found that 57% of British consumers planned to stay away from clothing stores for fear of catching the coronavirus. Cancelled orders result in less work for factories across Asia where hundreds of thousands of garment workers have been laid off since the pandemic struck. With consumers wary of returning to stores, retailers are holding out to the last moment to put in orders with suppliers as they try to gauge demand at a time when traditional back-to-school spending plans are up in the air. Recruiters for garment companies in Vietnam, a major manufacturer for big sportswear labels such as Nike and Adidas, are feeling the pain.

Source: bd News24 July 06, 2020 10:52 UTC