H&M says it will “phase out” sourcing from Myanmar

17 August 2023, 12:00 am

1 min read

Workers tailor and arrange clothing at a garment factory at Hlaing Tar Yar industry zone in Yangon March 10, 2010. Western sanctions that have decimated Myanmar's once-thriving garment sector have led to a rare spate of strikes that have unnerved its military rulers, fearful of civil unrest in the run-up to long-awaited elections. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY BUSINESS MILITARY CIVIL UNREST)

Reuters exclusively reported that the world’s second-biggest fashion retailer H&M (HMb.ST) has decided to gradually stop sourcing from Myanmar, as reports of labor abuses in garment factories in the country increase.