The call for a higher minimum wage in Cambodia’s garment industry by Swedish clothing giant H&M, which posted a 2012 profit margin of more than $3.4 billion, should begin with the brand itself as it has the power and means to raise workers’ wages, industry members said Monday. H&M, the world’s second-largest clothing retailer by sales, has been buying from suppliers in Cambodia since 1998 and is one of the largest buyers in the country’s most profitable sector—which exported more than $4 billion worth of garments in 2012. On October 16, H&M CEO Karl-Johan Persson visited Cambodia to
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