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https://www.abc.net.au/news/2024-11-21/garment-workers-in-bangladesh-struggle-as-mosaic-defaults/104602274>
'In a crowded industrial district on the outskirts of Bangladesh's capital,
Dhaka, a seven-storey building is stacked with cartons labelled with Australian
fast fashion brands like Millers, Rivers and Rockmans.
Inside, rows of garment workers — mostly women — continue to cut denim and
assemble jeans.
But the future of the Padma Satel Arab Fashions factory is in doubt after
Mosaic Brands, the Australian parent company of several fashion labels,
defaulted on $2.5 million in payments to the supplier.
Mosaic Brands' decision to enter voluntary administration late last month has
triggered a ripple effect across Bangladesh's garment sector, threatening the
livelihoods of thousands of workers in 23 factories reportedly owed more than
$30 million.
"Since June, we have been continuously requesting them to pay our overdue
payment, but they told us their sales were down and encouraged us to continue
our shipments and they would pay soon," said Padma Satel Arab Fashions director
Jabed Ahmed.
"If I don't get the money from Mosaic, I don't think we can survive."'
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics