LONDON, Aug 17 (Reuters) – The world’s second-biggest fashion retailer H&M (HMb.ST) has decided to gradually stop sourcing from Myanmar, it told Reuters on Thursday, as reports of labour abuses in garment factories in the country increase.
H&M became the latest brand to cut ties with suppliers in the country after Zara owner Inditex (ITX.MC), Primark (ABF.L), Marks & Spencer (MKS.L) and others.
“After careful consideration we have now taken the decision to gradually phase out our operations in Myanmar,” H&M said in an email to Reuters.
“We have been monitoring the latest developments in Myanmar very closely and we see increased challenges to conduct our operations according to our standards and requirements.”
I'm from Hanoi, Viet Nam.
I'm an author of Dot Chuoi Non (dotchuoinon.com/author/hangbelu/), a blog on Positive thinking, founded by Dr. Tran Dinh Hoanh, an attorney in Washington DC.
I'm a co-founder of Conversations on Vietnam Development - cvdvn.net, a virtual think tank. I am a co-founder of two companies in Viet Nam working on children education services. I advise companies on STEAM education, English language education for children and students in Vietnam.
I'm studying the Buddha's teaching and the teaching of Jesus. I practice mindful living including meditation.
I hold a PhD on Sustainable Energy Systems from University of Lisbon and Aalto University.
I graduated from Hanoi University of Technology on Environmental Engineering. I obtained a Master degree of the same major from Stanford University and Nanyang Technological University.
My English-language blog at: hangbelu.wordpress/.
I play table tennis as a hobby.
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