Connect with us

Hi, what are you looking for?

Economy

Shein says it found two cases of child labor in its supply chain last year

Image: The Verge

Shein, the massively popular bargain bin retailer selling clothes, accessories, and home goods, said it uncovered two cases of child labor between Q1 and Q3 of 2023.

In its most recent sustainability report released last week, Shein said the discoveries were made through the company’s audits of suppliers working with the brand. Shein says it defines children as anyone under the age of 15; in China, it’s illegal to employ children under 16. Shein didn’t specify which factories were employing children or how many were discovered.

“Upon discovering these violations, SHEIN suspended orders from the contract manufacturers and undertook investigations,” the company writes. Under the policy at the time, manufacturers were given 30 days to…

Continue reading…

You May Also Like

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...




Disclaimer: Oldamericanbroker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the-company.


Copyright © 2024 Oldamericanbroker.com