AMSTERDAM – A group of global institutional investors with combined assets of more than €725bn have called for fairer wages …
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Tag archives: Finance
Fast Retailing automation sees staffing cut by 90 per cent
TOKYO – One of the world’s leading fast fashion brands is to introduce automation in its warehouses which will help …
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World Bank backing for greening of Ethiopian textile industry
ADDIS ABABA – The World Bank is to launch a project to support Ethiopia in the greening of its rapidly …
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Labour groups call for compensation scheme in Bangladesh
DHAKA – Labour rights groups in Bangladesh are calling for better financial protection for workers in the wake of industrial …
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Investors join call for action on Turkmenistan cotton
CALIFORNIA – 42 institutional investors have now signed a statement urging global home goods and apparel brands and retailers to …
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Germany’s Galeria Kaufhof and Karstadt to merge
BERLIN – Hudson’s Bay Company and Signa Holding have entered into an agreement to merge Germany’s Galeria Kaufhof and Karstadt …
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Levi’s chief enters gun violence debate
SAN FRANCISCO – US denim brand Levi Strauss has joined the debate on gun violence in the US. In a …
H&M Foundation offers one million reasons to innovate
STOCKHOLM – H&M Foundation has put one million Euros up for grabs as part of its fourth annual innovation challenge. …
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Brands switch sourcing from China amid US tensions
NEW YORK – US apparel brands are switching away from China as a sourcing hub amid fears over US-China tensions. …
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