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Businessethics

All articles tagged with #businessethics

businessethics1 year ago

US Sues Hyundai for Child Labor Violations

The US Department of Labor has filed a complaint against Hyundai and two Alabama companies for employing a 13-year-old child in an assembly plant. The investigation revealed the child worked 50-60 hours per week operating machines for auto parts. The complaint names Hyundai Motor Manufacturing Alabama LLC, SMART Alabama LLC, and Best Practice Service, LLC, alleging they willfully violated child labor laws.

business-and-controversies2 years ago

"Lululemon Founder Criticizes Company's Diversity and Inclusion Initiatives"

Chip Wilson, the founder of Lululemon, criticized the company's diversity and inclusion efforts and its expansion into non-athletic apparel, calling it a deviation from the brand's core values. Despite being the largest shareholder, he is no longer involved in the company's operations. Lululemon distanced itself from Wilson's views, emphasizing that the company has changed since his resignation from the board in 2015. Wilson previously faced backlash for insensitive comments about women's bodies and has a history of controversial statements. The article also mentions a recent incident where two Lululemon employees were fired after trying to stop a theft, highlighting a broader issue of rising retail crime.

business2 years ago

Lululemon Founder Criticizes Company's Diversity Approach and Customer Strategy

Chip Wilson, the founder of Lululemon Athletica, criticized the company's efforts in diversity and inclusion, likening their strategy to that of the Gap and expressing a desire for a more exclusive brand image. He also disapproved of the company's advertising featuring what he called "unhealthy" and "not inspirational" people. Lululemon has distanced itself from Wilson's views, stating that he has not been involved with the company since 2015 and that his opinions do not reflect those of the company. Despite the controversy, Lululemon's stock price remains high, and Wilson is still the largest single shareholder.