Nike investors reject pay equity, human rights proposals

One of the resolutions, filed by Massachusetts-based investment adviser Arjuna Capital, called on Nike to provide more data on pay equity for female and minority employees.The second, filed by shareholder advocacy group Tulipshare, asked the company to issue a report on whether its supply chain policies effectively address Nike’s stated equity goals and human rights commitments.

Prop…

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Puma takes step forward in reducing textile waste with polyester tech

It’s replacing recycled polyester with RE:FIBRE tech in all of its football Club and Federation replica jerseys from 2024 onwards. It launched a pilot in 2022 and has produced recycled training jerseys for its sponsored football clubs since then. It has also used the tech to create Switzerland and Morocco replica kits for the Women’s World Cup. 

For next year, official Puma football…

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Trump says Republican border tax could boost U.S. jobs

“It could lead to a lot more jobs in the United States,” Trump told Reuters in an interview, using his most positive language to date on the proposal.Trump sent conflicting signals about his position on the border adjustment tax in separate media interviews in January, saying in one interview that it was “too complicated” and in another that it was still on the table.   

“I certainly su…

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Love Island to give big boost to fashion brands

“Popular TV programmes such as Love Island can wield huge influence over shopping habits,” said Mike Klinkhammer, director of advertising sales EU at eBay, which released a series of insights revealing the extent of the show’s popularity.Last year, searches for “yellow playsuit” on Ebay.co.uk shot up by 276% after TV host Caroline Flack sported a bright number in the opening series. O…

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UK footfall rises in reopening week but stays low and West End struggles

But on Monday, specialist footfall tracking firm Springboard released its figures for visitor traffic from June 15 up to June 21 and showed that yes, footfall rose, but that it was still weak by normal standards.And London’s West End was the biggest loser with a key representative from the area calling for more government measures.

Springboard said footfall across all UK retail destinat…

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‘Need to uphold garment workers’ rights’

There are presently 14.2 million people in forced labour exploitation and 168 million child labourers scattered across the global economy, says the report. Many of this number are forced to work in the farms and factories that feed the apparel industry. For millions of others working in the industry, wages remain so low that they are unable to lift themselves and their families out of poverty.T…

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Free trade deal between EU and Australia collapses

Since 2018, the painstaking discussions have picked through everything from chemicals to cosmetics, but have repeatedly come unstuck over market access for Australian farm products such as beef and lamb.In July, the two parties failed to reach a deal during talks in Brussels, with Australia saying it had not been guaranteed “significant” access to the European market for its agricultural produc…

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