Apparel Online Bangladesh Magazine Magazine March 2018 | Page 52

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Primark publishes its list of apparel suppliers

Primark , the Ireland-based fashion retailer , has finally published the list of suppliers it sources its apparels from . The list contains the names and addresses of 1,071 factories across 31 countries in addition to having details of number of employees working in each factory . Notably , Primark sources from 23 factories in Vietnam , 173 factories in India and 89 factories in Bangladesh including some major exporters .
Primark ’ s decision comes immediately in the wake of a recent petition signed by nearly 70,000 consumers wherein the fast-fashion brands like Armani , Walmart , Forever 21 and others were asked to share the
list of suppliers on public domain . Paul Lister , heading the Ethical Trade Team at Primark , reportedly said that the company had initially shied away from disclosing the supplier ’ s information due to competition . However , the recent trend of seeking transparency has influenced the retail giant to take this decision . It is worth noting that a factory is detailed on the Primark ’ s Global Sourcing Map only after it has produced products for Primark for a year and has become an established supplier .
Each factory entry includes the site address , the number of workers and gender split , which is reviewed
by Primark twice a year . “ This is good news and Primark should be applauded for publishing this list . Embracing this transparency
agenda not only requires commitment but also significant time and effort ,” said Peter McAllister , Executive Director , ETI .

VF Corporation bags most ethical company award

VF Corporation , which believes that business success and social responsibility are interconnected , has become the only apparel company in the world to get placed into the list of World ’ s Most Ethical Company for the year 2018 . VF Corporation , a global leader in branded lifestyle apparel ,
footwear and accessories , has been accompanied by Microsoft , Dell , Salesforce , Adobe to name a few in the list chosen by the Ethisphere Institute . Ethical business standards and practices followed by VF helped it to be a part of the honorees .
“ This honour has come as a testament to the integrity ,
commitment and passion of our 65,000 staff around the world who are doing the right thing across VF ’ s global enterprise ,” said Steve Rendle , VF ’ s Chairman , President and CEO .
All participants are given scores which provide them valuable insights on how they can stack up against leading organizations .
A total of 135 companies from 23 countries representing 57 industries were recognized as ethical companies in 2018 . The award will be bestowed on 13 March . Ethics and compliance program , corporate citizenship and responsibility , culture of ethics , governance and leadership , innovation and reputation are major parameters on which companies are assessed . These companies are shortlisted on Ethics Quotient ( EQ ) framework .
Ethisphere , a global leader in defining and advancing the standards of ethical business practices , has been honouring World ’ s Most Ethical Companies who recognize their critical role in influencing and driving positive change in the business community and societies around the world and are working to maximize their impact wherever possible since 2007 .
52 Apparel Online Bangladesh | MARCH 2018 | www . apparelresources . com