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Retail Giants' Inaction, IRS Weakness, Goldman Under Fire And More

Written By Unknown on Tuesday, May 14, 2013 | 6:53 AM

May 14, 2013
STOCKHOLM/CHICAGO, May 14 (Reuters) - Major U.S. retailers, including Gap Inc, declined to endorse an accord on Bangladesh building and fire safety backed by Europe's two biggest fashion chains, a trans-Atlantic divide that may dilute garment industry reform efforts.

Three weeks after the collapse of a building housing garment factories, which killed more than 1,100 people, Western brands that rely on Bangladesh to produce clothing cheaply disagreed over how best to ensure worker safety. Continue reading...
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