abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

19 Apr 2005

Author:
Andy Mukherjee [columnist], Bloomberg

Nike's Gloomy Labor Report Deserves Applause

...last week...[Nike] presented a surprisingly frank audit of labor conditions at 569 of 830 factories worldwide where Nike-branded footwear, apparel and sports equipment are made...An honest acknowledgement of lax labor standards is a much required first step to make labor-rights activists and the media appreciate the sweatshop problem for what it is: an industry-wide menace that was neither created by Nike nor can be solved by it in isolation...Global capitalism has a chance to improve its abysmal record on labor standards. It mustn't squander it. [also refers to adidas-Salomon, Gap]