U.S. Retailers' Safety Plan for Bangladesh Announced, Falls Short

The U.S version of the plan for improving factory safety in Bangladesh was formally announced today and will be signed by 17 major North American retailers such as Wal-Mart, Macy's, Target, Sears, Nordstrom, and Gap.  The plan will be known as "Alliance for Bangladesh Worker Safety" which will provide low-cost financing for factory owners to improve conditions, an anonymous hotline for workers to report issues, and funding the training of workers and inspection.  But not everyone is celebrating...

The Divide Between the Two Bangladesh Safety Plans

Ever since the deadliest accident in garment industry recent history, which occurred in Bangladesh in April, large retailers around the world have forced the confront and tackle the issue of how to prevent future accidents. Two distinct plans have surfaced as the retail industry's answer to improving factory worker safety and working conditions.  Just how different are they?

H&M and Zara Endorse Safety Accord After Rana Plaza Collapse

The collapse of Rana Plaza which to date killed over 1,100 people has finally prompted action by major retailers who rely on factories in Bangladesh to produce their garments.  Many companies have agreed to endorse a safety accord, which will be binding on retailers to create, implement and finance fire safety and building improvements.  The pact is gaining momentum in the U.S. and in Europe as fast fashion giants including H&M, Zara, Benetton, and Mango have already signed on.