Chinese company Shein has rapidly taken over as the world’s largest fast fashion company, raking in about $100 billion in sales last year.
Its merchandise is made by thousands of small suppliers in China, and consumers in the United States and Europe make up most of its market. While many are enamored by Shein’s cute and cheap offerings, others are sounding the alarm about the ethics of its practices.
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For a decade, Amazon has looked towards the day it could officially launch its Prime Air drone delivery service.
Last month the highly anticipated plan was launched, but as of early February 2023, packages had been delivered to only seven houses in the two test cities in California and Texas, lagging far behind Walmart’s drone delivery partners Flytrex and Zipline, and Wing’s drone service.
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While it may sound “cheeky,” toilet paper manufacturer Who Gives a Crap really does have a heart.
Its promise to recycle love letters from your ex into toilet paper is an attention-getting Valentine’s Day promotion which may draw new users to its sustainable and charitably-focused products.
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The withdrawal of many Western businesses from Russia following its invasion of the Ukraine in February of 2022 has led to a new generation of Russian oligarchs purchasing these abandoned assets.
The ability of these new entrepreneurs to be successful in this endeavor remains to be seen. Operating the businesses that have been left behind poses significant challenges. The Kremlin will likely work hard to make sure that these businesses don’t go under.
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