News3 mins ago
Bangladesh Factory Collapse
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Where exactly are primark, walmart etc exercising due diligence? After the factory fire 6 months ago they were supposedly going to look into the safety of workers in Bangladesh. Primark are apparently shocked, are they really??? they must know why the contracts are so cheap in Bangladesh?
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But no one cares. Primarks profits are rising stingily.
// Clothing retailer Primark's "exceptionally strong" performance has helped owner Associated British Foods to report a big rise in profits.
Total sales at Primark rose by 24% in the six months to 2 March, while like-for-like sales - which strip out new store openings - were 7% higher.
Primark's performance helped AB Foods to report half-year pre-tax profits of £415m, up from £329m a year earlier. //
// Clothing retailer Primark's "exceptionally strong" performance has helped owner Associated British Foods to report a big rise in profits.
Total sales at Primark rose by 24% in the six months to 2 March, while like-for-like sales - which strip out new store openings - were 7% higher.
Primark's performance helped AB Foods to report half-year pre-tax profits of £415m, up from £329m a year earlier. //
Are Primark expected to send a structural engineer to survey the building?
Good practice would dictate that they checked the factory had all necessary permits but that doesn't mean a lot either way somewhere like Dacca.
It's worth remembering that the people would have died anyway regardless of where Primark place their contracts, because if the Primark contract wasn't there the building would have had someone occupying it
Good practice would dictate that they checked the factory had all necessary permits but that doesn't mean a lot either way somewhere like Dacca.
It's worth remembering that the people would have died anyway regardless of where Primark place their contracts, because if the Primark contract wasn't there the building would have had someone occupying it
Im not blaming Primark solely, but they have an ethical trading team. They could afford to send someout to inspect the factories they utilise. So yeah they should be. 415 m profit, yeah. If there factory was here, they would do it.
Hats off to Primark though, they have admitted they use the factory. they havent claimed we didnt know it was subcontracted like walmart did last year.
Surely one company would have checked in and seen an extra three floors being built.
Hats off to Primark though, they have admitted they use the factory. they havent claimed we didnt know it was subcontracted like walmart did last year.
Surely one company would have checked in and seen an extra three floors being built.
But even if you had picked the right country..... what about corporate responsibilty deggers? The UK stores move the factories to countries where they know, without a doubt, that there health and safety records are shoddy. They know minimum wage is dirt poor. They know employees have little rights (given that they felt forced to return to an unsafe building is evidence enough), these people were born there out of chance! Its just a modern slave trade.
I think this is an entirely avoidable accident. Not from the point of view of the stability of the factory, although it looked a bit gimcrack to me.
No, what I mean is those people have died to supply western women with clothes that they don't need. Although some men shop for clothes in places like Primark, its mostly women that the shops pander to.
It was announced the other day that M+S were not making as much money as they thought they were, and women's fashions were mostly to blame. It would seem that the profits that M+S and others make, rise and fall on the shops ability to persuade women to buy yet more clothes that they don't need, because the clothes they bought last month are no longer "fashionable"
No, what I mean is those people have died to supply western women with clothes that they don't need. Although some men shop for clothes in places like Primark, its mostly women that the shops pander to.
It was announced the other day that M+S were not making as much money as they thought they were, and women's fashions were mostly to blame. It would seem that the profits that M+S and others make, rise and fall on the shops ability to persuade women to buy yet more clothes that they don't need, because the clothes they bought last month are no longer "fashionable"
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