Some experts say the US economy is on the up, but here’s why voters don’t think so 
Why doesn’t my digital music feel like ‘mine’? Three ways digital possessions reduce our sense of ownership 
Finland is the happiest country in the world – but our research suggests the rankings are wealth and status-oriented 
Uganda’s tax system isn’t bringing in enough revenue but is targeting small business the answer? 
Supporting ‘democracy’ is hard for many who feel government and the economy are failing them 
PUMA x KIDSUPER Collaboration Elevates Basketball Fashion with New MB.03 Shoe 
Do you have 7,513 unread emails in your inbox? Research suggests that’s unwise 
Ford Revises Europe Strategy, Considers Gas and Hybrid Options Beyond 2030 
Unstable employment while you’re young can set you up for a wage gap later in life – even if you eventually land full-time work 
PUMA and Scuderia Ferrari HP Unveil Miami Limited Edition Collection 
Olympic Hopes: Adidas, Nike, Puma Bank on Paris Games for Sales Rebound 
PUMA and Palomo Spain Unveil Genderless Collection with a Nod to Retro Glam 
Cambodia and Thailand face controversy over alleged unpaid wages following COVID-19 factory closures. Investors are seeking $2.2 million for 4,000 workers from two suppliers, turning the spotlight onto sportswear titan Nike ahead of its annual shareholder meeting.
This request from investors, which includes Dutch bank Triodos and pension fund PGGM, adds to the mounting pressure faced by sportswear giant Nike, especially in light of upcoming European Union regulations targeting the fashion industry.
On Tuesday, Nike's annual shareholder meeting is expected to face increasing scrutiny of its supply chain. It includes ongoing investigations by Canadian and U.S. government agencies.
In a letter dated September 7 addressed to Nike's CEO John Donahoe, the investors seek evidence of Nike's commitment to "future-proofing" its manufacturing processes. Kees Gootjes, business and human rights advisor for ABN AMRO, signed the letter on behalf of the Dutch bank. In a statement to Reuters, Nike refuted the allegations, stating that it ceased sourcing products from the Cambodian factory in 2006 and found no evidence of back pay owed to workers in Thailand.
Those advocating for compensation include Dutch bank Triodos and pension fund PGGM. Their concerns are based on a June report from the Washington, D.C.-based nonprofit Workers Rights Consortium (WRC), which claims that Violet Apparel, a Cambodian factory, dismissed 1,284 workers without proper compensation. The factory allegedly manufactured clothing for Nike until its closure in July 2020.
The WRC highlighted issues at another Nike supplier, Hong Seng Knitting in Thailand. It claims the factory withheld around $800,000 in furlough pay from over 3,000 mostly Burmese migrant workers during a pandemic-related slowdown in 2020.
Nike, however, maintains that all employees at Hong Seng Knitting were compensated by local law and its Code of Conduct, citing an independent third-party investigation and legal review.
Photo: FILMDUDES/Unsplash
