10% of pay-later shoppers struggle with debt – report

However, with it comes an increasing number of them being chased by debt collectors, according to a Citizens Advice report.The body is calling for regulators to crack down on such easy-access credit and ensure there are clearer warnings to online shoppers who could be pursued for the money, The Times newspaper reported.

In a survey of 2,000 buy-now, pay-later users, Citizens Advice found 195 had been contacted by, or referred to, debt collectors. The charity also estimated that UK shoppers using the option were charged £39 million in late fees last year.Many shoppers have embraced the option to defer paying in full and pay in interest-free monthly instalments instead. But consumers are liable for the debt and can, in some cases, be charged late payment fees and also have their pe…

Amazon, Future Group agree to talks, aim to resolve bitter legal dispute

In an unexpected move on Thursday, Amazon counsel Gopal Subramanium suggested at a Supreme Court hearing that the two sides negotiate, saying the “whirlpool” of disputes fought on multiple fronts had been dragging on for too long.”All that I’m saying is let us at least have a conversation. We cannot allow the spinners’ wheel to continue like this. Please consider this,” Subramanium said.

“We must agree, discuss … come face-to-face and discuss the best possibilities.”Counsel for Future Group agreed to the talks, saying “nobody is winning in this battle.” The judges said the two sides can take 10 days to reach a possible solution.Amazon has successfully stalled Future’s $3.4 billion asset sale to Indian rival Reliance since 2020, accusing its business partner of violating certain …

Boohoo rapped by advertising watchdog again

The Manchester-based business has been again criticised by the Advertising Standards Authority, six months after it was told a “Send Nudes” email campaign was socially irresponsible.On Wednesday, the ad watchdog ruled that two ads for the online fashion retailer had breached advertising regulations and must not appear again in current form.

It comes after the online brand sent an email campaign to customers in November 2019. The email featured a headline which stated, “UP TO 60% OFF EVERYTHING* + AN EXTRA 10% OFF DRESSES, TOPS AND JUMPSUITS**”.Two complaints were raised about the campaign, questioning whether it was clear that the asterisk meant that the discount excluded certain lines.Boohoo, which enjoyed a year-on-year increase in sales in April despite the lockdown, ar…

China hikes tariffs on U.S. goods after Trump warning

The retaliation comes as U.Sคำพูดจาก สล็อตเว็บตรง. President Donald Trump signals his intent to slap tariffs on all Chinese imports if Beijing does not give in, suggesting a prolonged standoff between the world’s two largest economies that could roil global markets for weeks or months to come.A total of 5,140 U.S. products will be subject to additional tariffs of 5%, 10%, 20% and 25% starting June 1, the finance ministry in Beijing said in a statement.

The escalation, from rates of 5% and 10%, was announced hours after Trump warned China not to retaliate against the latest U.Sคำพูดจาก ส…

Dutch campaign insists H&M must deliver on 2013 living wage promise

The campaign is a result of promises H&M made in 2013 that in 2018 about 850,000 workers would receive a fair living wageคำพูดจาก สล็อตเว็บตรง. Schone Kleren Campagne claims that “H&M promises to work hard on offering a living wage, but this is still not visible on the wage slips of workers.” In addition, Schone Kleren argues that H&M has not communicated further in any form about its 2013 promise: the organisation says that the original documents have been removed from the website and despite the profit of € 2.2 billion, H&M still does not pay a living wage to its clothing workers.In September, Schone Kleren Campagne published a study showing that many H&M…

Kering’s Jean-François Palus tells FT Luxury Summit that -’see now, buy now’ is here to stay-

“‘See now, buy now’ is here to stay, he told FashionNetwork.com at the end of his speech. It will become the norm. Each label will gradually adapt it to its DNA and visionคำพูดจาก สล็อตเว็บตรง. In a few years, it will cease to be an issue, and we won’t be debating it any longer. It will become a stimulus both for consumers and designers and labels alike.”A few minutes earlier, Jean-François Palus explained to the 400 or so luxury industry professionals gathered in Lisbon how some of the French luxury giant’s labels have adopted a new approach to making their collections available in different sales channels. “Instead of delivering 80% of the collection, or even the whole collect…

Europeans say they want clothes with a conscience

Yet, the shoppers faced no questions about the cost of their conscience, with manufacturers caught in a tug of war between the allure of throwaway fashion versus the expense of ethics.“Brands tell us you can’t trust consumers because they say one thing but then behave differently,” said Rachel Wilshaw, ethical trade manager at British charity Oxfam.คำพูดจาก สล็อตเว็บตรง

“People will continue to be very price sensitive but if brands can find a way to offer a good product at a good price – and be transparent – I feel sure that that is going to matter more in the future,” she told the Thomson Reuters Foundation.Less than 40 percent of respondents to the survey …

Google launches global council to advise on AI and tech ethics

The council, which is slated to publish a report at the end of 2019, includes technology experts, digital ethicists, and people with public policy backgrounds, Kent Walker, Google’s senior vice president for global affairs, said at a Massachusetts Institute of Technology conference.The group is meant to provide recommendations for Google and other companies and researchers working in areas such as facial recognition software, a form of automation that has prompted concerns about racial bias and other limitations.

“We want to have the most informed and thoughtful conversations we can,” Walker said on stage at the MIT Technology Review event in San Francisco. “We want to sit down with the council and see what agenda they want to set.”Google already has its own internal AI …

Michael Avenatti indicted for Nike extortion

Prosecutors in Manhattan accused Avenatti, 48, of stealing about $300,000 from Daniels, the client who made him famous, to fund an extravagant lifestyle including a Ferrari automobile, after helping her secure a book contract.The Nike indictment concerns charges announced in March that Avenatti tried to extort more than $20 million from the athletic wear company by threatening to expose what he called its improper payments to recruits for college basketball teams it sponsored.

Avenatti also faces dozens of charges in southern California, where prosecutors on April 11 accused him of stealing millions of dollars from clients to pay for personal and business expenses, and lying to the Internal Revenue Service and a Mississippi bank about his finances.If convicted on all charges, Aven…

Ocado courts global food retailers with robot army

Supermarkets around the world are struggling to develop a sustainable system that delivers food to customers. In the last six months three of the biggest have turned to Ocado, set up by three former Goldman Sachs bankers 18 years ago.The deals followed the development of Ocado’s 240,000 square foot distribution centre in Andover, southern England, that pulls together an average order of 50 items in a matter of minutes as opposed to the several hours taken by its older centres.

Ocado says Andover, powered by its own software and hardware, is the most advanced system for online grocery on the planet. While boosting its own profitability, it also functions as a shop window to potential customers and the three deals have helped send its share price up by 117 percent in a year.”We are …