TOKYO — Mike Duke, president and chief executive officer of Wal-Mart Stores Inc., said the world’s largest retailer is stepping up factory inspections and safety measures in Bangladesh.
“We are allowing third-party companies to inspect and approve factories from a structural standpoint,” Duke said Friday, just after giving a speech on integrity and business practices at The Consumer Goods Forum Global Summit here. “We now are trying to redouble the efforts on the areas of auditing, inspecting and training. I will say, though, that we didn’t quickly…you know, jump to a conclusion of abandoning the country. I think in some cases helping markets like Bangladesh to raise the standards is better than abandoning a market like that.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"