NewsForwarders on the hook for millions following Debenhams collapse

October 9, 2024by 0

Garment factories are demanding millions of dollars from a forwarder, following the collapse of the UK’s Debenhams chain in 2020.
Bangladeshi garment exporters are looking for legal avenues to reclaim the debt from Debenham’s local freight forwarder, Expo Freight, as factory workers have not been paid.
Debenhams filed for bankruptcy in April 2020 owing some $70.48m to 36 Bangladeshi suppliers. Although some $60m has now been recovered, garment shippers are demanding logistics …

The post Forwarders on the hook for millions following Debenhams collapse appeared first on The Loadstar.

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