Victoria’s Secret – African Child Labor

Interesting article from Bloomberg today about “fair trade” “organic” crops, and the child labor that goes along with them in some cases.

“In Burkina Faso, where child labor is endemic to the production of its chief crop export, paying lucrative premiums for organic and fair-trade cotton has — perversely — created fresh incentives for exploitation. The program has attracted subsistence farmers who say they don’t have the resources to grow fair-trade cotton without violating a central principle of the movement: forcing other people’s children into their fields. “

“In time for Valentine’s Day 2009, the retailer {Victoria’s Secret}  marketed a special lingerie line made from “pesticide-free, 100 percent rain-fed cotton” and sold with the claim that each purchase improved lives in the country.

“Good for women,” read a booklet accompanying a white thong covered with blue and lavender daisies. “Good for the children who depend on them.”

“Today, such Burkinabe fiber is blended into lingerie at a much-reduced level, allowing the company to spread it across most of its cotton underwear lines, Lori Greeley, chief executive officer of Victoria’s Secret Stores, told a Wharton School publication in March. Growers sell the fiber to the company with fair-trade certification, though the finished garments no longer carry the “good for children” marketing message, nor do they have a fair-trade stamp.”

Click on over and read the whole thing:  Victoria’s Secret Revealed in African Child Labor

-KD

disclosure:  no positions in $LTD

Kid Dynamite is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. If you click on my Amazon.com links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
Kiddynamitesworld Blog