Posted by Sheila Shayon on December 7, 2012 03:21 PM
As countries like Bangladesh move up the food chain from aid to trade, the global eco-system fueling the fire, literally and figuratively, is largely the retail fashion industry, feeding the western world’s insatiable appetite for fashion.
The November 24th factory blaze that killed 112 garment workers in an illegal factory in Bangladesh showed the world, as Reuters puts it, that “pressure from big Western brands to produce huge volumes of apparel fast and at rock-bottom prices, [is making] Bangladeshi suppliers routinely sub-contract their orders.”
As the victims — many of them young women and mothers, all of them poor — are mourned and the Clean Clothes Campaign organizes vigils at C&A and beyond as part of a bigger shame campaign for brands whose labels were found in the ashes, what’s really on trial, as the New York Times points out in a scathing article today, is ethical sourcing and a severely out-of-balance equation claiming the lives of impoverished workers with no options.Continue reading...
sports in the spotlight
Posted by Dale Buss on January 5, 2012 10:01 AM
The NFL is the most sizzling property in TV advertising these days, and at the moment there seems to be no ceiling on fan and brand interest in riding the momentum. It's already clear that Super Bowl XLVI on February 5 in Indianapolis, to be broadcast by NBC, will go down as the single most lucrative advertising event in television history.
The Comcast-owned broadcast network has sold out of its commercial spot inventory for the Big Game, reportedly at a cost of up to $4 million for each precious 30 second unit of screen time, which is up from about $3 million a year on Fox last year — and about 60 percent since 2001.
But a month before the Super Bowl, there's still speculation about other aspects of marketing in and around the extravaganza.Continue reading...
Posted by Barry Silverstein on March 4, 2010 10:55 AM
The sale of Tommy Hilfiger, a leading premium fashion brand, may occur within weeks, reports the New York Post. The likely buyer? None other than Phillips-Van Heusen Corporation (PVH), which already owns an impressive stable of fashion brands, including Arrow, Bass, Calvin Klein, Izod, and Van Heusen.
Tommy Hilfiger went from a public to a private company in 2006 when it was purchased by equity firm Apax Partners. Of course, that was before the global economic meltdown pummeled retail brands.Continue reading...