Chitchat H&M sucking up to China again

Scrooball (clone)

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H&M no balls la. KNN... deserve to get boycotted. Wanna play politics, but still wanna earn Chinese consumers money? Fucking Western cunts try to impose their views on China, simply brainless!

Now come up with this half fuck non-apology statement.

https://hmgroup.com/news/statement_hm_china/

News Article
Statement on H&M in China
31 March, 2021


We are working together with our colleagues in China to do everything we can to manage the current challenges and find a way forward.

China is a very important market to us and our long-term commitment to the country remains strong. Having been present there for more than thirty years, we have witnessed remarkable progress within the Chinese textile industry. Being at the forefront of innovation and technology, China will clearly continue to play an important role in further developing the entire industry. We are proud our suppliers are being part of that development and we want to continue contributing to driving progress together with our partners and stakeholders in the country. We want to be a responsible buyer, in China and elsewhere, and are now building forward-looking strategies and actively working on next steps with regards to material sourcing. Together with all relevant stakeholders, we want to collaborate to be part of the solution and jointly build a more sustainable fashion industry.

As a global company, we comply with local laws and regulatory frameworks in all the markets where we operate. Our company values are built on trust, respect, integrity, and dialogue. We wish to focus on our core business and on what we do best – bringing fashion and design to our customers all around the world.
We are dedicated to regaining the trust and confidence of our customers, colleagues, and business partners in China. By working together with stakeholders and partners, we believe we can take steps in our joint efforts to develop the fashion industry, as well as serve our customers and act in a respectful way.
 
Our company values are built on trust, respect, integrity, and dialogue.

Companies have one value and one value alone which is to make as much money as possible. Any other value they mention is just a load of wayang.
 
It doesn't really matter. The eventual goal is to decouple China's economy from the rest of the world. 脱钩.

You might see other companies do something similar: make statement, then say 'solli solli' afterwards. The main objective continues unabated.
 
If I am tiong, I will fuck H&M hard! Increase their rental by 300% and impose blackout on social media.
 
Easily resolved if HnM hire a few uighyrs in their shops,
 
Already said .. all these self righteous companies will eat their words .. earn money is their mission and they should stick to doing that.
 
Consumer is king. Wanna play politics then feel free to skip the 1.4 Billion market.
 
Don't they have a CSR?
Csr has always been a nice to have reporting requirement to make stakeholders feel good. It's never been mandated by any international law unless the company is trading with sanctioned countries.

H&m foolishly chose a hot button topic. Western countries have been targeting Xinjiang and Tibet issues for years and China would not allow its sovereignty to be threatened. Maybe H&m should audit its own labour chain for human exploitation. For low cost fashion brands I'm sure sweatshops are involved.
 
Consumer is king. Wanna play politics then feel free to skip the 1.4 Billion market.
That's the reality. Leave politics to governments.

And businesses should be regulated by governments not the other way round. America's economy is in very deep shit today because of what Wall Street bankers did up till 2008. The big collapse is coming.
 
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Investors press companies on human rights in Xinjiang
Reuters
Published 31 Mar 2021, 11:38 am

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A group of religious and socially conscious investors and other funds are ramping up pressure on Western companies over alleged human rights abuses in China's Xinjiang region, highlighting the challenges for brands trying to maintain their business ties amid rising tensions.
The group of more than 50 investors, backed by the Interfaith Center on Corporate Responsibility, said it is in the process of contacting more than 40 companies, including H&M, VF Corp, Hugo Boss and Zara-owner Inditex, requesting more information about their supply chains and urging them to quit situations that could lead to human rights abuses...
 
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