Word: fair
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...business school's just-launched social entrepreneurship program, the undergraduate vendors have teamed with an organization that knows a few things about socially responsible marketing: Edun Apparel is a clothing line started in 2005 by U2's Bono and his wife, Ali Hewson, which aims to bring fair employment practices to the fashion industry. "Bono and Ali are both committed to the mission that trade is more important than aid," said Edun CEO Christian Kemp-Griffin...
...Timing is key in the success of any new venture, and the surging popularity of fair-trade coffee and other organic brands surely makes it easier to communicate the importance of ethically made clothing to prospective customers. American Apparel has already found success with its commitment to "sweatshop-free" cotton manufacturing in downtown Los Angeles. Workers, including many immigrants, are paid an average of $12 an hour, can buy affordable health insurance and receive free English lessons. A recent study of the buying habits of so-called Millennials, by Cone Inc. found that 69% of 13- to 25-year-olds...
...Chinese authorities have allowed the yuan to rise about 5% against the dollar over the past 18 months. That makes Chinese goods more expensive in America, and the pinch is already being felt by some of China's manufacturers of textiles and other low-end merchandise. The annual trade fair in Guangzhou, a city at the vanguard of China's march toward capitalism over the past two decades, was overcrowded as usual last October with prospective foreign buyers of toys, clothing, shoes and handbags. But there was a difference, say businessmen who attended. "A lot of purchasers came to negotiate...
...their own interest to do so. Unless they continue to push reform throughout the economy-especially in a financial sector dominated by bloated state-owned banks that lend lavishly to uncompetitive state enterprises-the cost of dealing with the problem later will balloon. (And the argument is fair enough: it's a lesson the Japanese learned in the 1990s when Tokyo dragged its feet on banking reform...
...City to a tasting of Idaho's best wines at the 8th Street Wine Company, a shop in Boise. Because its coverage is worldwide--this is, after all, the World Wide Web--the listings include such events as a tour of the great estates of Bordeaux and a wine fair in Beijing...