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Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season

Sept 29 (Reuters) – Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy sweaters and coats as the critical holiday shopping period approaches, executives at major retailers including H&M (HMb.ST) said, and some stores are already slashing prices to avoid piles of unsold inventory. In the past year, clothing...

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Exclusive: Walmart, Centric probe suppliers for potential links to Cambodia women’s prison

Exclusive: Walmart, Centric probe suppliers for potential links to Cambodia women’s prison

PHNOM PENH/NEW YORK, Aug 21 (Reuters) – Walmart and Centric Brands are investigating their supply chains in Cambodia over allegations that inmates at the country’s largest women’s prison were illegally employed to produce garments for export, following questions posed by Reuters and inquiries from a U.S. industry group about labour practices there. The American Apparel...