Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
workers-rights
Global Markets
Will Bangladesh’s Tainted Election Serve as a Wakeup Call for Fashion?
A vote widely seen as rigged could spark another round of protests and violence, with the country’s millions of garment workers on the front lines. The fashion industry has been reluctant to get involved, but may find it has no other choice.
Will Bangladesh’s Tainted Election Serve as a Wakeup Call for Fashion?
A vote widely seen as rigged could spark another round of protests and violence, with the country’s millions of garment workers on the front lines. The fashion industry has been reluctant to get involved, but may find it has no other choice.
Retail
Amazon’s Logistics Workers in Spain Plan Cyber Monday Walk-Outs
20,000 warehouse and delivery workers at Amazon’s local unit are to stage a one-hour strike on each shift on Nov. 27.
Amazon’s Logistics Workers in Spain Plan Cyber Monday Walk-Outs
20,000 warehouse and delivery workers at Amazon’s local unit are to stage a one-hour strike on each shift on Nov. 27.
Retail
REI Accused of Widespread Labour Law Violations at Unionised US Stores
Workers at stores across the US filed a total of 80 complaints with the National Labour Relations Board seeking to force the company to bargain with their unions.
REI Accused of Widespread Labour Law Violations at Unionised US Stores
Workers at stores across the US filed a total of 80 complaints with the National Labour Relations Board seeking to force the company to bargain with their unions.
Sustainability
Bangladesh Garment Workers Fighting for Pay Face Brutal Violence and Threats
Negotiations over a new minimum wage for garment workers in Bangladesh have sparked mass demonstrations on streets across the capital.
Bangladesh Garment Workers Fighting for Pay Face Brutal Violence and Threats
Negotiations over a new minimum wage for garment workers in Bangladesh have sparked mass demonstrations on streets across the capital.
Sustainability
Would Higher Wages Break Fast Fashion’s Business Model?
This week, deadly protests after the Bangladeshi government proposed a minimum wage increase well below the level unions had called for highlighted a fundamental challenge in raising worker salaries: somebody has to pay for it.
Would Higher Wages Break Fast Fashion’s Business Model?
This week, deadly protests after the Bangladeshi government proposed a minimum wage increase well below the level unions had called for highlighted a fundamental challenge in raising worker salaries: somebody has to pay for it.
Global Markets
More Protests in Bangladesh as Garment Workers Reject Pay Increase
Hundreds of garment workers in Bangladesh clashed with police for a second day on Thursday as they protested against a government-mandated pay rise, forcing the closure of nearly 40 factories in the world’s second-largest clothing exporter.
More Protests in Bangladesh as Garment Workers Reject Pay Increase
Hundreds of garment workers in Bangladesh clashed with police for a second day on Thursday as they protested against a government-mandated pay rise, forcing the closure of nearly 40 factories in the world’s second-largest clothing exporter.
Sustainability
Bangladesh Hikes Minimum Wage for Garment Workers After Protests
Bangladesh will raise the minimum wage for garment workers by 56.25 percent, the first hike since 2019.
Bangladesh Hikes Minimum Wage for Garment Workers After Protests
Bangladesh will raise the minimum wage for garment workers by 56.25 percent, the first hike since 2019.
Sustainability
Bangladesh Wage Protests Turn Deadly
Police have clashed with thousands of garment workers demanding higher wages in protests that have left factories damaged and at least two dead, according to media reports.
Bangladesh Wage Protests Turn Deadly
Police have clashed with thousands of garment workers demanding higher wages in protests that have left factories damaged and at least two dead, according to media reports.
News & Analysis
Hollywood Screenwriters Reach Deal to End Five-Month Strike
Striking Hollywood screenwriters reached a tentative new labour agreement with studios, including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production.
Hollywood Screenwriters Reach Deal to End Five-Month Strike
Striking Hollywood screenwriters reached a tentative new labour agreement with studios, including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production.
News & Analysis
US States Ask SEC to Check if Shein Complies With Forced Labour Rules
Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast fashion retailer Shein’s supply chain for the use of forced labour ahead of its potential initial public offering.
US States Ask SEC to Check if Shein Complies With Forced Labour Rules
Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast fashion retailer Shein’s supply chain for the use of forced labour ahead of its potential initial public offering.
Sustainability
US Turns to AI to Track Forced Labour in Brands’ Supply Chains
The Customs and Border Protection agency has signed a multi-year contract with Altana, a tech-driven supply-chain mapping company, to help it understand how goods move through the global economy.
US Turns to AI to Track Forced Labour in Brands’ Supply Chains
The Customs and Border Protection agency has signed a multi-year contract with Altana, a tech-driven supply-chain mapping company, to help it understand how goods move through the global economy.
Retail
Nike Faces Canadian Probe Over Alleged Use of Forced Uighur Labour
Nike Canada Corp. and Dynasty Gold Corp. are being investigated by a Canadian government agency for allegedly using forced Uighur labour in their supply chains and operations.
Nike Faces Canadian Probe Over Alleged Use of Forced Uighur Labour
Nike Canada Corp. and Dynasty Gold Corp. are being investigated by a Canadian government agency for allegedly using forced Uighur labour in their supply chains and operations.
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.