US trade deficit in goods and services was up 9.7% in May from a month earlier as trade volumes continued on their downward trajectory due to the Covid-19 pandemic which meant many businesses were operating on a limited capacity or ceased operations completely.
Levi Strauss has committed to paying in full for complete and in-progress orders from its suppliers across the world and has provided access to financial support to all of its suppliers to help them weather payment delays.
The prime minister of Bangladesh, Sheikh Hasina, has said the Covid-19 pandemic has had a "devastating impact" on the country's readymade garment (RMG) sector and expressed concern over the growing level of job losses on the economy.
A number of major online fashion retailers, including Next and Asos, have dropped the Boohoo Group's brands from their websites over claims of exploitation and unsafe conditions at one of its UK supplier factories.
JD Sports Fashion Plc saw earnings and sales grow in its last financial year but has warned the future viability of the business is uncertain due to the pandemic and has called for "realism" on rents and leases as the coronavirus continues to impact trading.
The Dutch Agreement on Sustainable Garments and Textiles (AGT) has been criticised after an investigation found member affiliates failing to adequately address specific problems around human rights risks in the factories they work with.