Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

Burberry becomes first luxury brand to suffer Chinese backlash over Xinjiang

Burberry becomes first luxury brand to suffer Chinese backlash over Xinjiang

By Ryan Woo

BEIJING (Reuters) – Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game, becoming the first luxury brand assailed by the Chinese backlash to Western accusations of abuses in Xinjiang.

China on Friday sanctioned organisations and individuals in the United Kingdom over what it called “lies and disinformation” about Xinjiang, days after Britain imposed sanctions for alleged human rights abuses in the western Chinese region.

Burberry is a member of the Better Cotton Initiative, a group that promotes sustainable cotton production which said in October it was suspending its approval of cotton sourced from Xinjiang, citing human rights concerns.

Award-winning Chinese actress Zhou Dongyu terminated her contract with Burberry as the brand’s ambassador, as Burberry has not “clearly and publicly stated its stance on cotton from Xinjiang,” her agency said on Thursday.

The company’s iconic plaid design was also removed from the clothing worn by characters in Tencent Holdings Ltd’s wildly popular video game “Honor of Kings”, according to a post on the game’s official Weibo account, winning praise from China’s netizens.

Burberry China did not immediately respond to a Reuters request for comment. Burberry cotton is sourced from the United States, Australia, Turkey, India and Egypt, according to its website.

The backlash – particularly in social and traditional media – has also enveloped mass-market brands like H&M, Adidas AG and Nike Inc which have previously expressed critical views on labour conditions in Xinjiang, China’s biggest cotton-producing region.

Activists and U.N. rights experts have accused China of using mass detainment, torture, forced labour and sterilisations on Uighurs in Xinjiang. China denies these claims and says its actions in the region are necessary to counter extremism.

In a letter to British lawmakers in November, Burberry said it did not have any operations in Xinjiang or work with any suppliers based there, adding that it did not condone any form of modern slavery among its suppliers, including forced, bonded or involuntary prison labour.

The China National Textile and Apparel Council in a statement on Friday urged international brands to cease “wrong behaviour”, including the exclusion of cotton from Xinjiang in their supply chain, out of respect for Chinese customers.

Hong Kong lawmaker Regina Ip said she would stop buying Burberry.

“Burberry is one of my favorite brands. But I will stop buying Burberry products. I stand with my country in boycotting companies that spread lies about Xinjiang,” Ip wrote on her Twitter account.

(Reporting by Ryan Woo and Beijing newsroom; Editing by Edwina Gibbs)

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post