Signed memorandum of cooperation between the Textile Trade Association - Textile Cluster and the Fair Wear Foundation.

On 13.12.2022, in the offices of the Trade Textile Association - Textile Cluster, a memorandum of cooperation was signed between the Trade Textile Association - Textile Cluster and the Fair Wear Foundation.
Both companies will continue to support their position on the need for shared responsibility and equal partnerships between buyers and suppliers in the use of working conditions.
The parties will work together to promote the "Fair Price Application" as a key tool to promote fact-based costing and shared responsibility between buyers and suppliers to ensure that prices sufficiently cover all labor costs, substantially and as they occur. salaries.
Fair Wear will provide technical support to TTA for the use and promotion of the application among members and other wider stakeholders.
TTA will adopt and promote the Fair Price Application and provide feedback from TTA and their upstream factories on areas and further adjustment required for the application.
Fair Wear commits to using this feedback in regular app reviews for the purpose of continuous improvement.
More about this source textSource text required for additional translation information
Both companies will continue to support their position on the need for shared responsibility and equal partnerships between buyers and suppliers in the use of working conditions.
The parties will work together to promote the "Fair Price Application" as a key tool to promote fact-based costing and shared responsibility between buyers and suppliers to ensure that prices sufficiently cover all labor costs, substantially and as they occur. salaries.
Fair Wear will provide technical support to TTA for the use and promotion of the application among members and other wider stakeholders.
TTA will adopt and promote the Fair Price Application and provide feedback from TTA and their upstream factories on areas and further adjustment required for the application.
Fair Wear commits to using this feedback in regular app reviews for the purpose of continuous improvement.
More about this source textSource text required for additional translation information