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Stock impact report

Canadian Ombudsperson Closes Hugo Boss Uyghur Forced Labor Probe [Yahoo! Finance]

HUGO BOSS AG S/ADR (BOSSY) 
NASDAQ:AMEX Investor Relations: group.hugoboss.com/en/investor-relations
Company Research Source: Yahoo! Finance
The move comes nearly two years after a coalition of 28 organizations, including Stop Uyghur Genocide Canada, the Uyghur Refugee Relief Fund and the Uyghur Rights Advocacy Project, accused the luxury purveyor of conducting business with Changji Esquel Textile Co. , a yarn manufacturer that an Australian Strategic Policy Institute investigation linked to mass labor transfers, and Texhong Textile Group, which a Sheffield Hallam University report connected with the exploitation of Uyghurs and other Muslim minorities in China's Xinjiang Uyghur Autonomous Region. Changji Esquel Textile Co. was later placed on both the U.S. Department of Commerce's Entity List and the Uyghur Forced Labor Prevention Act Entity List. More from Sourcing Journal Report: Tension Between Beijing and Washington Represents Major Roadblock for U.S. Companies in China European Parliament Gives Final OK to CSDDD, Forced Labor Regulation Sourcing Journal Breaks New Ground With Launch of China Edition The com Show less Read more
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