Victoria's Secret agrees to finance $8.3 million settlement for laid-off Thai workers

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BANGKOK : Thai workers who were sacked last year from a factory supplying global lingerie brands including Victoria's Secret will receive $8.3 million, in what labour activists say is the biggest settlement of its kind in the global garment industry.About 1,200 workers were laid off without severance pay

BANGKOK : Thai workers who were sacked last year from a factory supplying global lingerie brands including Victoria's Secret will receive $8.3 million, in what labour activists say is the biggest settlement of its kind in the global garment industry.

The incident was one of"hundreds of cases of wage theft" that labour activists say took place in the garment industry during the COVID-19 pandemic. The settlement, financed by Victoria's Secret in a loan arrangement with BAT's owner, could set a precedent for global brands to better protect the rights of workers in their supply chains, according to Scott Nova, Executive Director of the Worker Rights Consortium, an international labour advocacy group.

More than a year after BAT and its Hong Kong-based owner Clover Group refused to pay the laid-off Thai workers, Victoria's Secret & Co said this week in an emailed statement. It will extend a loan to the owners of Clover to finance the settlement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pakistan to raise fuel prices as agreed with IMF - finance ministerISLAMABAD : Pakistan Finance Minister Miftah Ismail said on Thursday that the government will raise fuel prices as agreed with the International Monetary Fund (IMF). Ismail said in a tweet the new prices with a rise of 30 rupee a litre will come into effect by Friday. Pakistan on Wednesday conclude
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »