GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOn The Beach Share News (OTB)

Share Price Information for On The Beach (OTB)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 144.00
Bid: 144.00
Ask: 144.60
Change: -0.80 (-0.55%)
Spread: 0.60 (0.417%)
Open: 145.80
High: 147.20
Low: 144.00
Prev. Close: 144.80
OTB Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Canada probing Walmart, Hugo Boss over allegations of forced labor in supply chains

Thu, 24th Aug 2023 19:21

OTTAWA, Aug 24 (Reuters) - Canada's corporate ethics watchdog on Thursday announced investigations into the Canadian units of Walmart and Hugo Boss to probe allegations of Uyghur forced labor in the companies' supply chains and operations.

The Canadian Ombudsperson for Responsible Enterprise (CORE) said it had published an initial assessment report after complaints filed by a coalition of 28 civil society organizations in June 2022.

CORE will also investigate the Canadian unit of fashion firm Diesel, which is owned by Italy's OTB. It has already launched probes into Nike Canada, Dynasty Gold and Ralph Lauren.

"As mediation between the parties is not currently an option, we will be launching investigations into the allegations outlined in these reports," Sheri Meyerhoffer, CORE's Ombudsperson, said in a statement.

Walmart Canada said it did not tolerate forced labor of any kind in its supply chain.

"None of the entities in the complaint are in our active disclosed supply chain," it said in a statement. Hugo Boss and Diesel did not respond to requests for comment.

In March, a U.N. committee said it was concerned about China's treatment of its Muslim minority, including the use of forced labor against Uyghurs. China denies the allegations.

CORE was launched in 2019 to monitor and investigate human rights abuses, mainly by Canadian garment, mining and oil and gas companies operating abroad. (Reporting by David Ljunggren; editing by Jonathan Oatis)

More News
6 Oct 2021 11:00

SMALL-CAP WINNERS & LOSERS: Prairie rises on Greenland earn-in deal

SMALL-CAP WINNERS & LOSERS: Prairie rises on Greenland earn-in deal

Read more
17 Sep 2021 12:10

LONDON MARKET MIDDAY: FTSE 100 loses early gain despite travel boost

LONDON MARKET MIDDAY: FTSE 100 loses early gain despite travel boost

Read more
17 Sep 2021 10:38

SMALL-CAP WINNERS & LOSERS: Travel sector up; Porvair finally falls

SMALL-CAP WINNERS & LOSERS: Travel sector up; Porvair finally falls

Read more
15 Sep 2021 10:38

SMALL-CAP WINNERS & LOSERS: Pendragon profit swing; travel sector hurt

SMALL-CAP WINNERS & LOSERS: Pendragon profit swing; travel sector hurt

Read more
20 Aug 2021 16:56

REPEAT: Buoyant US open sparks strong finish in Europe

REPEAT: Buoyant US open sparks strong finish in Europe

Read more
20 Aug 2021 16:52

LONDON MARKET CLOSE: Buoyant US open sparks strong finish in Europe

LONDON MARKET CLOSE: Buoyant US open sparks strong finish in Europe

Read more
28 Jul 2021 12:20

LONDON MARKET MIDDAY: Travel and banking stocks lead gains before Fed

LONDON MARKET MIDDAY: Travel and banking stocks lead gains before Fed

Read more
28 Jul 2021 11:11

SMALL-CAP WINNERS & LOSERS: Sabre down on broker cut; Marston's climbs

SMALL-CAP WINNERS & LOSERS: Sabre down on broker cut; Marston's climbs

Read more
27 Jul 2021 11:18

SMALL-CAP WINNERS & LOSERS: Pacific Horizon hit by Asia tech sell-off

SMALL-CAP WINNERS & LOSERS: Pacific Horizon hit by Asia tech sell-off

Read more
26 Jul 2021 11:10

SMALL-CAP WINNERS & LOSERS: HSS loses gains; travel lifted by Ryanair

SMALL-CAP WINNERS & LOSERS: HSS loses gains; travel lifted by Ryanair

Read more
9 Jul 2021 21:41

TRADING UPDATES: JD Sports vows diversity, Sainsbury faces mini-revolt

TRADING UPDATES: JD Sports vows diversity, Sainsbury faces mini-revolt

Read more
7 Jul 2021 14:48

CORRECT: On The Beach shares sink after GBP26.0 million fundraise

CORRECT: On The Beach shares sink after GBP26.0 million fundraise

Read more
7 Jul 2021 13:17

On The Beach shares sink after empty beaches drive hefty fundraise

On The Beach shares sink after empty beaches drive hefty fundraise

Read more
7 Jul 2021 10:52

SMALL-CAP WINNERS & LOSERS: Wincanton notes sector-wide driver issues

SMALL-CAP WINNERS & LOSERS: Wincanton notes sector-wide driver issues

Read more
7 Jul 2021 07:50

On The Beach raises £26.0m to provide 'greater resilience'

(Sharecast News) - Online travel agent On the Beach has successfully placed 7.87m new ordinary shares at a price of 330.0p each as part of an effort to increase investment in its digital platforms, as well as online and offline marketing activity, and improve conversion with "attractive low deposit schemes".

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.