Polish fashion giant LPP SA suspends Bangladesh sourcing over $40m payment disputes
Dhaka, Aug. 2 -- Polish fashion retail giant LPP SA, famous for brands like Reserved, Cropp, and Sinsay, has suspended its apparel sourcing from Bangladesh following mounting payment disputes totaling around $40 million with local garment manufacturers.
Industry insiders and leaders from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) confirmed that the Polish buyer halted fresh orders after local suppliers repeatedly raised allegations of delayed payments, discounts demanded after shipment, and non-settlement of outstanding dues.
According to sources, dozens of Bangladeshi apparel exporters have been suffering from financial strain as LPP SA withheld payments worth approximately $40 million for goods already manu...
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