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After struggling to maintain business levels at its brand names Karstadt and KaDeWe, Arcandor sought help from the German government, and then filed for insolvency. Hypo Real Estate: Germany: 5 October 2009: Banking: Depfa, one of the companies subsidiaries ran into liquidity problems in 2008 as a result of the financial crisis.
Then there's the list of "companies that had license agreements with President Trump [that] have failed": "Trump Shuttle, Inc., launched by President Trump in 1989, defaulted on its loans in 1990 ...
The growth of fast fashion fueled environmental issues. Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 ...
The business's actions and decisions should be primarily ethical before it happens to become an ethical or even legal issue. "In the case of the government, community, and society what was merely an ethical issue can become a legal debate and eventually law." [121] Some emerging ethical issues are:
Taxi companies sued Uber in numerous American cities, alleging that Uber's policy of violating taxi regulations was a form of unfair competition or a violation of antitrust law. [7] Although some courts did find that Uber intentionally violated the taxi rules, Uber prevailed in every case, including the only case to proceed to trial. [ 8 ]
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Several Japanese business executives and employees were arrested between August and October 2022 on suspicion of bribery.Former Tokyo 2020 Olympics and Paralympics executive board member Haruyuki Takahashi was arrested on four separate occasions within that period of time after allegedly receiving money from several businesses in exchange for facilitating Olympic sponsorship contracts.
PARIS — The Ethical Fashion Initiative is coming to Paris next season, with events during Paris Fashion Week that it hopes will provide international visibility to African designers and attract ...