Nike and Adidas could be facing a geopolitical crisis

H&M has been scrubbed from the Chinese internet: The multinational clothing retailer no longer shows up in searches and you won't find its 400 stores  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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H&M has been scrubbed from the Chinese internet: The multinational clothing retailer no longer shows up in searches and you won’t find its 400 stores on any Chinese maps or ride-hailing apps.

H&M’s dramatic erasure follows the company’s decision to voice concerns that China is forcing Muslim Uighurs into forced labor in Xinjiang, the cotton hub of China. The Swedish fast-fashion giant announced in September that it was cutting ties with the region, enraging the Chinese government and consumers, who deny that anything bad is happening there.

Now H&M is in the penalty box, and experts believe other companies may be facing a similar fate. In this story, I delve into China’s long history of state-sanctioned forced labor and the storm that’s brewing for Western brands that want to do business with China.

Liz Segran
A geopolitical crisis cripples H&M. Nike, Adidas, and Visa could be next

‘Brands can no longer please both China and the West. They’re going to have to pick a side, and there will be fallout whatever they choose.’

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Target’s big promise: What you need to know​​​​​​
Target announced today that it is rolling out a number of new initiatives to better support Black-owned businesses. The company says its plans include spending over $2 billion on Black-owned businesses by 2025. 
The retailer will add products from more than 500 Black-owned businesses across its multi-category offerings. It will spend more on Black-owned companies that support Target’s operations—for example, construction, maintenance, and marketing services.
“We have a rich history of working with diverse businesses, but there’s more we can do,” said Christina Hennington, Target’s EVP and chief growth officer.
In the wake of George Floyd’s death last summer, many major corporations pledged to do more to improve diversity, inclusion, and racial equity.
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