Article
By invitation: Sean Ansett – Factory closures – Breaking up is hard to do
The economic crisis is creating new dilemmas for brands, suppliers and workers in global supply chains…Buyers are fighting for survival…Suppliers are faced with freezing credit, payment delays from their clients and severe cash flow problems, making wage payments and required government contributions difficult…Nike has formulated a responsible transition policy…The MFA (Multi-Fiber Arrangement) Forum is a multi-stakeholder initiative…has developed guidance related to responsible exits…Gap’s senior manager of social responsibility, Darryl Knudsen, says working through the forum can help make the transition to lower production…as painless as possible. [also refers to Hanesbrands]