Primark Criticizes Rivals Not Attending Bangladesh Talks

Primark, the budget fashion chain owned by Associated British Foods Plc (ABF), will pay all victims of the collapsed Rana Plaza factory in Bangladesh more short-term financial aid and criticized competitors for not attending talks on compensation for the workers in Geneva today.

“The company notes that only nine brands attended the Geneva meeting,” Primark said in an e-mailed statement. “There were some 28 brands being supplied by factories in the Rana Plaza building.”

Representatives of retailers, labor unions and non-governmental organizations met in the Swiss city over the past two days to discuss compensation for those killed or injured in two factory disasters in Bangladesh. Today’s talks centered on this year’s collapse of the Rana Plaza factory, which killed more than 1,000 people in the nation’s worst industrial accident.

Primark will pay aid to all the factory’s workers and their families for three months, declining to disclose the amount. That follows earlier payments and food aid of about $1 million to victims and their families. The company has registered the details of 3,333 workers as part of the program, the statement said.

Earlier today C&A Group said it had allocated 1 million euros ($1.3 million) in total to support the long-term needs of victims of a fire at the Tazreen plant, an earlier industrial incident.

To contact the reporter on this story: Gabi Thesing in London at gthesing@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.