Explainer: Why brand support for wage bargaining is ‘profound' for apparel [Yahoo! Finance]
PVH Corp. (PVH)
Last pvh corp. earnings: 4/1 04:15 pm
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Source: Yahoo! Finance
What is the issue? Speaking at the Global Fashion Summit in Copenhagen, Olivia Windham Stewart, business and human rights specialist explained: “Garment worker wages continue to be a challenge for the apparel sector.” She added that when wages had increased, this was rarely in line with inflation and the rising cost-of-living. Christina Hajagos-Clausen, director, textile and garment industry, IndustriALL Global Union, noted that wages have been a “systemic issue” for garment workers globally, but added that now was the time for action. “We need to move from voluntary to legally binding” agreements she suggested. What is the development in Cambodia? The agreements announced in Cambodia are considered to be a significant milestone towards the first brand-supported collective bargaining agreements (CBAs) in the garment and footwear sector. ACT, IndustriALL and a number of international fashion brands and retailers have agreed to support sustainable wage growth through collecti
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PVH
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PVH
Earnings
- 6/4/24 - Beat
PVH
Sec Filings
- 6/18/24 - Form 4
- 6/12/24 - Form 10-Q
- 6/4/24 - Form 8-K
- PVH's page on the SEC website