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Looming Bangladesh lockdown to hit apparel retailers H&M, Levi’s

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In this photo illustration Levi’s 501 blue jeans by U.S. clothing manufacturer Levi Strauss are seen on March 8, 2018 in Berlin, Germany.

Sean Gallup | Getty Images

Apparel retailers including H&M and Levi Strauss & Co. are at risk of facing heightened supply chain disruptions, as regions of Southern Asia are bracing for intense lockdowns as Covid-19 cases spike, fueled by the more contagious delta variant, according to a new report.

A new wave of Covid cases, rising especially along the Indian border, has prompted the government of Bangladesh to require its population of nearly 170 million people to remain at home for seven days, beginning this Thursday. The result will likely mean…



Source cnbc.com

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