Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:26
Microsoft’s Activision Deal Set to Get UK’s Blessing: The London Rush
Microsoft’s Activision Deal Set to Get UK’s Blessing: The London Rush
Game on! Microsoft Corp.’s stop-and-go deal to acquire Activision Blizzard Inc. got an early-morning boost from the UK’s
2023-09-22 15:57
Influencers come under fire after visit to Shein factory
Influencers come under fire after visit to Shein factory
Fast-fashion brand Shein has been accused of spreading "propaganda" after influencers were sent to China to walk around the company's factory to see how their clothes are manufactured. Shein invited influencers and Shein "ambassadors" to their "innovation" factory and warehouse – and many are criticising the influencers' posts about their trip. Many received backlash from viewers who say they were promoting propaganda about Shein's practices. One influencer known as Dani DMC said in an Instagram reel about the trip: "I was really impressed to see the working conditions [...] Shein is such a developed and complex company." Dani also claimed to have spoken to a worker who was "very surprised about all the rumours that had been spread in the US." Dani herself also said that the trip taught her to "think for herself" because "there's a narrative fed to us in the US." Another influencer AuJené, @itsjustajlove on Instagram, who was also invited on the trip, shared similar sentiments to Dani. In a reel that discussed her fourth day on the trip, she told viewers she had asked questions about child labour and said: "I found out there is an independent third party contractor that audits all of Shein's manufacturers they conduct over 2500 audits annually to make sure that they align with international laws when it comes to child labour and wages." "They work normal shift hours and are able to quit when they feel like it just like any other job," she added. "Seeing their authenticity even when the cameras were off was endearing to me and very important." Sign up to our free Indy100 weekly newsletter Many hit out at the influencers: @sipteawithmelissa Honestly couldn’t not comment on this today ??? #popculturecommentary #popculturenews #celebnewstiktok #celebnews #insidethesheinmachine #fastfashionsucks #fastfashionisntcute Others left comments under the influencer's posts showing their disappointment: "Sweatshops aside, do you know how detrimental this is for the environment?" replied one user. Another said: "There's no way you're actually promoting this shameful brand... so disappointed, unfollow." "The propaganda is disgusting and incredibly embarrassing... we see right through the bulls**t!!!" Commented another. Dani posted a response to the criticism she had received saying: "No amount of money or opportunity would ever allow me to go against my morals or integrity. I wish you could be here with me and see the faces behind this brand. This company is run by majority women who are so genuine, humble, & beyond passionate about what they do. I wish you could see everything I’ve been able to see behind the scenes and be apart of the conversations I’ve been a part of. "Shein has done WAY more than any other fashion brand I’ve ever worked with to show their dedication to being one of the good guys. "If you need to unfollow me and can’t trust me on this one I totally understand and I support you." The company has previously been criticised for its unsustainable practices and mass production of items. Synthetics Anonymous 2.0, a report published on fashion sustainability, claimed that the manufacturers' use of virgin pouter and large consumption of oil produces the same amount of CO2 as roughly 180 coal-fired power plants. A documentary from Channel 4 titled, Inside the Shein Machine, found that Shein employees were often working 75-hour shifts with little time off. The documentary had undercover cameras that filmed workers making hundreds of garments a day. In one factory, workers made a daily base salary of $20, if any garments had mistakes their pay was cut to $14. In response to the documentary the fast-fashion giant admitted to the safety breaches in a statement: "We know we have a responsibility to safeguard the welfare of workers in our supply chain. In light of the recent report in the news, we launched an investigation into the claim that 2 of our suppliers has unacceptable working conditions at their facilities." Indy100 have reached out to Shein, Dani, and AuJené for comment. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-24 20:15
Mexico Central Bank Warns of Inflation Risks Amid Strong Demand
Mexico Central Bank Warns of Inflation Risks Amid Strong Demand
Mexico’s central bank signaled that it needs to see clearer evidence of disinflation before it can join the
2023-11-24 00:25
US 30-year fixed mortgage rate jumps to near 21-1/2-year high
US 30-year fixed mortgage rate jumps to near 21-1/2-year high
By Safiyah Riddle U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest
2023-08-18 02:19
TSMC Q2 profit falls 23%, beats market expectations
TSMC Q2 profit falls 23%, beats market expectations
TAIPEI Taiwanese chipmaker TSMC reported a 23.3% fall in second-quarter net profit on Thursday as global economic woes
2023-07-20 14:16
Swedes Signal Property Market Rout Is Heading for Recovery
Swedes Signal Property Market Rout Is Heading for Recovery
Swedish households are becoming more optimistic about the development in the housing market, according to a survey from
2023-06-12 13:57
New Zealand Q2 CPI rises 1.1%, slightly faster than expected
New Zealand Q2 CPI rises 1.1%, slightly faster than expected
By Lucy Craymer WELLINGTON New Zealand's consumer inflation came in slightly above expectations in the second quarter, driving
2023-07-19 08:21
US court rejects investor lawsuit against Boeing supplier Spirit AeroSystems
US court rejects investor lawsuit against Boeing supplier Spirit AeroSystems
A U.S. appeals court on Monday upheld the dismissal of a lawsuit accusing Boeing supplier Spirit AeroSystems of
2023-08-22 07:26
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
Embattled Peso Seeks Relief as Philippines to Weigh Rate Hike
A rebound in the dollar has hit the peso harder than most of its peers and the losses
2023-08-14 11:49
Germany pledges to invest 4 billion euros in green energy projects in Africa
Germany pledges to invest 4 billion euros in green energy projects in Africa
The German government has pledged to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030
2023-11-21 00:30
Country Garden Aims to Extend Maturing Bond in First Amid Crisis
Country Garden Aims to Extend Maturing Bond in First Amid Crisis
Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted
2023-08-14 18:21