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Stock impact report

BHRRC says fashion brands ‘coy' on business response to Bangladesh strife [Yahoo! Finance]

Kontoor Brands, Inc. (KTB) 
Last kontoor brands, inc. earnings: 3/5 06:50 am Check Earnings Report
Company Research Source: Yahoo! Finance
resignation and protests over wage increases, the BHRRC reached out to the top 15 international buyers from Bangladesh, along with five key companies identified by local trade unions. Through a five-question survey, they sought details on how companies are managing these disruptions, maintaining responsible purchasing practices, and supporting suppliers and affected garment workers. Out of the 20 brands contacted by BHRRC, 11 responded to the questions outlined in the survey, while seven brands including Bestseller, Mango, JC Penney, Kontoor Brands, Levi Strauss, Target, and Tom Tailor, reportedly did not respond. The Danish apparel brand Bestseller clarified to Just Style that it did not respond to BHRRC when contacted, but instead "declined to participate" in their survey. Bestseller pointed out that it clearly outlines the heightened risks currently faced in Bangladesh, including its enhanced approach to human rights due diligence in the The brand said: "Mitigation action Show less Read more
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