The response from Shein did not directly dispute the reporting. It outlined the company’s regulatory compliance policies and third-party auditing procedures, at times relying on nearly indecipherable jargon. It stated, for example, that Shein developed a “proprietary material traceability information management system,” to monitor its supply chains. (The letter was …
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While children are told stories about elves and reindeer, the truth is that hundreds of thousands of people work year-round to make sure Christmas feels magical. From factory employees in China stringing lights on artificial trees to dock workers unloading containers of toys, this vast labor force ensures Americans can …
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“To the extent you are midstream in raising capital, get that closed as soon as possible. We repeat, close anything midstream ASAP,” Hazard wrote. “And be really judicious about how your capital is being deployed.” Managing partner Charles Hudson told WIRED that his venture firm, Precursor, has stakes in several …
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