The Oakland Institute Is H&M turning a blind eye to land grabs in Ethiopia? TV4 does an investigation into H&M’s cotton sourcing from Ethiopia and discovers the disturbing truth.
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STOCKHOLM (Reuters) – Hennes & Mauritz , the world’s second-biggest fashion retailer, said on Tuesday that it made every effort to ensure its cotton did not come from appropriated land but could not provide an absolute guarantee. Swedish TV4 said H&M was using cotton from areas in Ethiopia that are vulnerable to land grabbing —
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The Local As H&M expands into Ethiopia, Sweden’s state venture capital unit Swedfund has announced that it will back the clothing giant, in a move hoped to create more jobs for local women. The partnership, which is set to kick off in autumn this year, will see Swedfund injecting 60 million kronor ($8.6 million)
The post Swedfund joins H&M in Ethiopia expansion appeared first on 6KILO.com.
The Local As H&M expands into Ethiopia, Sweden’s state venture capital unit Swedfund has announced that it will back the clothing giant, in a move hoped to create more jobs for local women. The partnership, which is set to kick off in autumn this year, will see Swedfund injecting 60 million kronor ($8.6 million)
The post Swedfund joins H&M in Ethiopia expansion appeared first on 6KILO.com.