(Aug 16, 2013, (STOCKHOLM))--H&M Hennes & Mauritz AB is looking to Ethiopia as a new low-cost country in which it will produce clothing, as the apparel retailer races to keep shelves stocked at a growing number of stores world-wide.
The Swedish company relies heavily on Bangladesh for clothes production, and a move to Africa would expand its sourcing footprint but not replace its commitment to production in Asia. One supplier says H&M is looking to source one million garments a month from Ethiopia.
A spokeswoman said the fashion company has placed test orders with Ethiopian suppliers and that large-scale production could begin as ...
Source: The Wall Street Journal
The Swedish company relies heavily on Bangladesh for clothes production, and a move to Africa would expand its sourcing footprint but not replace its commitment to production in Asia. One supplier says H&M is looking to source one million garments a month from Ethiopia.
A spokeswoman said the fashion company has placed test orders with Ethiopian suppliers and that large-scale production could begin as ...
Source: The Wall Street Journal
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