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Tag: supply

LVMH’s Dior lagged on supply chain disclosure, made outdated ESG claim

August 6, 2024 No Comments Beauty , ,

By Reuters Published Aug 6, 2024 LVMH‘s second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a third-party certification that it terminated more than a year ago, Reuters has found. In Britain, the Modern [...]read moreLVMH’s Dior lagged on supply chain disclosure, made outdated ESG claim

Shein ‘turns to Turkey’ after criticism of Chinese supply chain

July 11, 2024 No Comments Beauty , , , ,

Fast-fashion giant Shein is planning to add Turkey-based businesses to  its supply chain for European operations following criticism of its use of Chinese labour, according to a report. Shein Its plan to use more suppliers that are closer to its main markets in Europe and the UK surfaces as Chinese officials are believed to be [...]read moreShein ‘turns to Turkey’ after criticism of Chinese supply chain

New UK business minister concerned over Shein tax loophole, supply chain

July 11, 2024 No Comments Business , , , ,

A London Stock Market IPO by Shein would lead to a possible investigation into its tax arrangements and questions over its supply chain, the UK’s new Business Secretary has said. There had already been speculation that this would be the case, but Jonathan Reynolds saying as much while actually in government (rather than as possible Business [...]read moreNew UK business minister concerned over Shein tax loophole, supply chain

Italian prosecutors probing supply chain of around a dozen fashion brands, says source

June 12, 2024 No Comments Beauty , , , ,

Prosecutors in Milan are investigating the supply chain of around a dozen more fashion brands, a person with knowledge of the matter said, after a unit of France’s LVMH in Italy was placed under court administration in a worker exploitation probe. See catwalkDior – Fall-Winter2024 – 2025 – Menswear – Paris – ©Launchmetrics/spotlight On Monday, [...]read moreItalian prosecutors probing supply chain of around a dozen fashion brands, says source

Frasers Group fails to secure injunction linked to Newcastle United kit supply case

May 20, 2024 No Comments Business , , ,

Sports Direct has failed in its bid to secure an injunction against Newcastle United (NUFC) in a row over an exclusive replica football kit supply deal with rival retailer JD Sports. Castore The Court of Appeal has rejected Sports Direct’s permission to appeal a decision over the Premiership side’s refusal to supply its now-Adidas-produced replica [...]read moreFrasers Group fails to secure injunction linked to Newcastle United kit supply case

Stack Overflow signs deal with OpenAI to supply data to its models

May 7, 2024 No Comments Technology , , , , ,

OpenAI is collaborating with Stack Overflow, the Q&A forum for software developers, to improve its generative AI models’ performance on programming-related tasks. As a result of the partnership, announced Monday, OpenAI’s models, including models served through its ChatGPT chatbot platform, should get better over time at answering programming-related questions, the two companies say. At the [...]read moreStack Overflow signs deal with OpenAI to supply data to its models

OPEC+ expected to extend supply cuts to stave off a global surplus and shore up prices

May 2, 2024 No Comments Auto , , , ,

OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices. Saudi Arabia and its partners have been keeping roughly 2 million barrels-a-day offline this year, and will meet on June 1 to consider whether to continue. Crude [...]read moreOPEC+ expected to extend supply cuts to stave off a global surplus and shore up prices

What Lawmakers Must Do to Support Investors and Boost Housing Supply

May 1, 2024 No Comments Real estate , , ,

In This Article   There’s a critical lack of affordable housing. This housing shortage began following the 2008 financial crisis and worsened during the pandemic, and now, not enough homes have been built to meet current demand. Inventory is slowly rising in Q2, which is helpful, but more inventory alone doesn’t solve the problem. The government has [...]read moreWhat Lawmakers Must Do to Support Investors and Boost Housing Supply

Tesla Semi in short supply for PepsiCo; other customers use competing EV trucks

April 21, 2024 No Comments Auto , , , ,

  NEW YORK — Key Tesla customer PepsiCo made initial payments for 100 Tesla Semis in 2017, intending to use the electric-truck fleet to haul its Cheetos, Lays potato chips and Pepsi soda pop to retailers. But according to the food-and-drinks maker and one of its executives with knowledge of the deal, PepsiCo was using only [...]read moreTesla Semi in short supply for PepsiCo; other customers use competing EV trucks

Investing with High Rates, Stubborn Inflation, & Low Supply

April 12, 2024 No Comments Real estate , , , ,

Mortgage rates are high, supply is low, and inflation just won’t go away. These market conditions make investing in real estate harder than ever…or so most investors think. The truth? This housing market isn’t all that different from years past, and if you know which moves to make, you can get ahead of all the [...]read moreInvesting with High Rates, Stubborn Inflation, & Low Supply