Word: appareled
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Blacklisting violates Salvadoran and international law. It also violates the codes of conduct for apparel production of universities like Harvard. Those codes require that factories not discriminate in employment and that management respect the right to unionize and bargain collectively. Collegiate code compliance is typically monitored by the WRC or the Fair Labor Association (FLA), the latter of which Harvard is a member. When a factory is in violation of the code and the monitor investigates, schools and brands can sometimes pressure the factory to improve—a strategy that has been successful in the past. In this case...
...Progressive Student Labor Movement (PSLM) launched a new campaign this month, asking Harvard to reaffirm its commitment to fair trade in the wake of alleged labor misconduct at a factory that produces licensed Harvard-insignia apparel...
...addition to opposing encroachment upon the public space, the Harvard Square Defense Fund has fought vehemently against the proliferation of restaurant and apparel chains in the Square...
...James, the nation's top high school basketball player, got suspended in late January for accepting two throwbacks as gifts. Boosted by such celebrity consumers, sales for family-owned M&N have jumped from $2.8 million in 2000 to $25 million last year, amid an otherwise dismal market for apparel. And the knits keep coming: sales so far in 2003 are running twice as high as they were during the same period last year...
Warren Buffett has been busy buying private companies, including The Pampered Chef, a kitchenware retailer, and apparel maker Garan (of Garanimals fame). That's promising. It suggests a value gap between the private and public markets because Buffett finds most common stocks still overvalued. Meanwhile, private-asset funds are a contrarian's delight: net new investment in venture-capital funds, which mainly seed technology and medical start-ups, plunged to $1.9 billion last year (the least since '81) amid investment losses that roughly tracked the public markets. Yet over three years and longer, these funds have outperformed stocks. "The tourists...