Faculty News
Research on the garment industry by Sarah Labowitz and Dorothee Baumann-Pauly of Stern's Center for Business and Human Rights is featured
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Excerpt from Business Insider -- "One Chinese supplier that works with a range of European and American buyers described how Uniqlo provided him with 18-month forecasts of order volume. If the company deviated by more than a certain percentage, Uniqlo would apologise and offer to compensate him for the lost production. Other buyers, in contrast, would simply cancel orders or reduce volumes with neither an apology nor the offer of compensation. The supplier said he never accepted monetary compensation when Uniqlo deviated from its order projections. The respect the company showed him and the long-term nature of the relationship were worth more than the money."
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