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Disney cuts off Chinese toy factory over alleged labour violations

  Bloomberg Walt Disney Co. ceased doing business with one Chinese toymaker and put another on notice following reports of labor violations. Disney, the world’s largest entertainment company, said in a memo posted on its website that it would no longer allow the Dongguan Qing Xi Juantiway Plastic Factory to make products featuring the company’s characters. The violations had been ...

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Swiss Watchmaker Breitling weighs sale

  Bloomberg Breitling, the Swiss watchmaker known for aviation-themed timepieces worn by actor John Travolta, is weighing a sale, according to people familiar with the matter. The process is still in the early stages, said the people, who asked not to be identified as the deliberations are private. The most likely suitors are luxury-goods companies rather than private equity firms, ...

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H&M, Zara and Forever21 grapple with sustainability trend

  Bloomberg Apparel chains such as H&M, Zara and Forever 21 conquered the retail world by promising fast fashion: cheap, trendy and disposable. Yet there’s a growing number of consumers this holiday season who want just the opposite. Data shows that shoppers — especially millennials, the target market for fast-fashion companies — are increasingly looking for clothes made of higher-quality ...

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