Amazon, H&M and other multinationals pressing to soften Indian state’s plastic ban

The ban by the state of Maharashtra, home to India’s financial capital of Mumbai, could sharply raise costs for companies that rely heavily on plastic for packaging, such as retailers, beverage makers and sellers of bottled water.Maharashtra’s move, the first such broad action against plastic by an Indian state, comes as Prime Minister Narendra Modi pushes a plan to completely end the use of si…

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City of London Police launches campaign to tackle counterfeit goods

The campaign highlights the many consequences of buying counterfeit goods online, including identity theft, with fraudsters taking shoppers’ personal information to set up new websites selling counterfeit goods in their name.According to the City of London Police’s Intellectual Property Crime Unit, of the 28,000 websites it has shut down, over 4,000 websites were selling counterfeits using …

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Craze for hornbill ‘ivory’ pushes Borneo icon to the brink

For decades poachers in Borneo’s western forests focused on capturing orangutans and sun bears, but in the past few years a surge in demand for hornbill “ivory” has pushed the avian species to the brink.The product has become so popular in China, where wealthy collectors are keen to show off their status by acquiring rare or unusual animals, that it is fetching up to five times the price of ele…

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From Aldi to Zara, Western stores beef up safety for Bangladesh workers

Cut-price fashion giant Primark, H&M, Lidl and umbrella brand Inditex, which owns Zara and Massimo Dutti, are among the 13 retailers that extended a raft of existing standards and agreed on new terms.The accord covers more than 1,000 factories in Bangladesh and will run for three years from May 2018.

More companies are expected to sign over coming weeks in a deal covering up to 2 million …

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Even Walmart is worried about the US consumer

So, as we head into the important end-of-year holiday shopping season, should we really be paying attention when  Walmart Inc. says it’s being “more cautious on the consumer than we were 90 days ago at this time” and that there was a “sharper falloff” in sales during the last two weeks of the fiscal third quarter that ended October 31? The answer is most definitely yes.Despite its…

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Folli reaches preliminary restructuring deal with some creditors

Folli has struggled to pay suppliers and workers and keep its business going since a hedge fund report in May last year questioned its accountingคำพูดจาก สล็อตเว็บตรง. Its shares have since been suspended, and the company has been fined by Greece’s securities watchdog.The firm publish…

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G20 agrees to wrap up digital tax by 2020 – final communique

Facebook, Google, Amazon, and other large technology firms face criticism for cutting their tax bills by booking profits in low-tax countries regardless of the location of the end customerคำพูดจาก สล็อตเว็บตรง. Such practices are seen by many as unfair.The new rules would mean h…

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H&M’s Weekday links with IFC and Maisie Williams on ultra-recyclable textile

To “raise awareness about the importance of transitioning toward a circular fashion industry, [it has] teamed up with actress Maisie Williams to design a two-piece outfit made entirely from IFC fabric”. And it said it’s “looking  forward to being part of developing and scaling this technology in the coming years”.H&M said IFC is a unique operation because its tech “can turn textile, …

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Gap establishes advisory board to champion inclusion

Dubbed ‘Power of the Collective Council’, the advisory board is expected to partner with Gap Inc. to create access, drive awareness, and advocate for historically marginalized and vulnerable communities.The Council’s strategy is aligned to three strategic pillars — Community, Customer, and Employee — with each member focusing on a component of the business that leverages their specialized…

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