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Bitcoin’s Rival Ether Falters in Shadow of Elevated Treasury Yields
Bitcoin’s Rival Ether Falters in Shadow of Elevated Treasury Yields
A key pillar of demand for Ether, the second-largest digital token, is weakening against a backdrop of elevated
2023-10-20 14:21
Unrepentant Truss urges UK govt to cut taxes to boost growth
Unrepentant Truss urges UK govt to cut taxes to boost growth
Former Conservative prime minister Liz Truss on Monday waded in to give the Tory government economic advice, nearly a year after she triggered market turmoil and took the UK...
2023-09-18 18:26
Rouble hits over 16-month low under FX demand pressure
Rouble hits over 16-month low under FX demand pressure
By Alexander Marrow The rouble hit a more than 16-month low on Wednesday, hampered by strong foreign currency
2023-08-09 18:49
New flaw in Apple devices led to spyware infection, researchers say
New flaw in Apple devices led to spyware infection, researchers say
By Christopher Bing and Zeba Siddiqui Researchers at digital watchdog group Citizen Lab said on Thursday they found spyware they
2023-09-08 07:16
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
South Africa Extends Ban on Scrap-Metal Exports by Six Months as it Seeks to Curb Theft
South Africa Extends Ban on Scrap-Metal Exports by Six Months as it Seeks to Curb Theft
South Africa extended a ban on scrap-metal exports by six months as the government tries to combat theft
2023-06-15 18:49
UPS Agrees to Ax Two-Tier Wage System in Win for Teamsters
UPS Agrees to Ax Two-Tier Wage System in Win for Teamsters
(Bloomberg Law) -- United Parcel Service Inc. has agreed to end a dual wage system for delivery drivers in its
2023-07-03 01:49
Fed's Powell set to speak Oct 19 ahead of blackout period
Fed's Powell set to speak Oct 19 ahead of blackout period
Federal Reserve Chair Jerome Powell will speak on Oct. 19 before the Economic Club of New York, just
2023-10-13 05:55
China Media Stays Quiet on Trouble at Top Wealth Manager
China Media Stays Quiet on Trouble at Top Wealth Manager
Chinese state media has largely avoided reporting about turmoil at one of the nation’s top private wealth managers,
2023-08-15 13:55
Safilo posts 6.6% fall in Q2 net sales as North America weighs
Safilo posts 6.6% fall in Q2 net sales as North America weighs
Italian eyewear group Safilo posted a 6.6% fall in second-quarter net sales at constant exchange rates, due to
2023-08-03 00:18
No Czech rate hike this year, but outlook for cuts shifts to Q4: Reuters poll
No Czech rate hike this year, but outlook for cuts shifts to Q4: Reuters poll
By Jason Hovet PRAGUE The Czech National Bank is likely to opt against hiking interest rates further but
2023-06-16 21:19
Westpac to layoff 300 workers in business and retail unit, says trade union
Westpac to layoff 300 workers in business and retail unit, says trade union
Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at
2023-06-12 11:28