3 ms·
There was a news report[1] that for h&m to pay workers in Asia local living local wage (an additional ~120 USD/week), prices of shirts would go up ~50 cent. Acc
by e12e 9y ago
There was a news report[1] that for h&m to pay workers in Asia local living local wage (an additional ~120 USD/week), prices of shirts would go up ~50 cent. Accordingly, if prices went up ~3.50 the workers should make around 40-50k usd/year.
Doesn't sound all that terrible.
[1] https://www.dn.no/nyheter/2017/06/02/0942/Handel/nordea-sjef-sa-mye-mer-ville-en-hampm-skjorte-koste-hvis-de-som-syr-fikk-en-levelig-lonn https://www.dn.no/nyheter/2017/06/02/0942/Handel/nordea-sjef... (Norwegian, statement by head of the Nordea bank)