Primark’s Post

The demands of ethically conscious consumers and regulatory bodies are propelling the retail sector towards a more ethical future. Check out these insights from RSM analysts across the globe to learn more about ethical retail in 2024: https://rsm.buzz/4djhj8V

I am excited to share that I am working on a project to understudy ethical and compliance in supply chain using Walmart as a case study. Walmart Canada is a Canadian retail corporation and the subsidiary of U.S.-based multinational retail conglomerate Walmart. Ethical supply chain management involves responsible sourcing, sustainable practices, and social responsibility. Companies engaging with suppliers, customers, investors, and employees must behave ethically. Due to the complexity and globalization of the supply chain, the importance of ethical and compliant practices also increases. Consumers and stakeholders now expect companies to operate with responsibility and ethics. In this project, the focus will be on reviewing Walmart's ethical practices.

Why you should follow the case: Balmuccino LLC v Starbucks Corp? Imagine this: a small, innovative company comes up with a brilliant idea—coffee-flavoured lip balm. It’s unique, quirky, and perfectly tailored for coffee lovers. They pitch the concept to one of the biggest coffee giants in the world, Starbucks, hoping for a collaboration that could catapult them to success. But what happens next? Starbucks launches a product that looks strikingly similar, and the little guy is left wondering—was their idea stolen? This is the gripping story behind Balmuccino LLC’s lawsuit against Starbucks Corp., unfolding in the Southern District of New York. Balmuccino, a Los Angeles-based company with ties to TV personality Dr. Mehmet Oz, alleges that Starbucks took their coffee-flavored lip balm concept and ran with it, launching the “S’mores Frappuccino Sip Kit” without so much as a nod of acknowledgment. But this isn’t just a tale of corporate intrigue—it's a case that could redefine how intellectual property is protected in the world of big business. For small companies, it’s a cautionary tale about the risks of sharing your best ideas, even with potential partners. And for the giants like Starbucks, it’s a reminder that every move in the corporate world is watched, scrutinised, and, sometimes, challenged in court. As an IP lawyer, this case is like a gold mine of lessons on protecting innovation, navigating complex legal landscapes, and understanding the power dynamics between small innovators and corporate titans. The outcome of this legal battle could shape the future of business collaborations, setting new standards for how ideas are respected—or exploited—in the cutthroat world of commerce. So, why should you care? Because whether you’re an entrepreneur with a big idea or a business leader steering a corporate ship, the principles at play in this case could one day apply to you. Dive into the details and discover what this lawsuit could mean for the future of intellectual property, collaboration, and corporate ethics. Follow me to stay updated with this case. #YALaw

The demands of ethically conscious consumers and regulatory bodies are propelling the retail sector towards a more ethical future. Check out these insights from RSM analysts across the globe to learn more about ethical retail in 2024: https://rsm.buzz/4dfuB5L

The case against Starbucks once again underscores the need for all stakeholders and supply chains (especially the smaller vendors to large corporations) to comply with #sustainability standards. Indian #msmesector should start #sustainabilityreporting in right earnest to ensure compliance with the necessary regulations and standards. #sdgs #gri #msmeindia #circulareconomy #humanrights #sdg5 #sdg8 #sdg10 #sdg16

Brand leaders want to provide a fair price to manufacturers for good quality products and workers. Unfortunately, ethical issues such as sustainability and worker rights are often overlooked due to high manufacturing costs. This lack of attention leads to a breakdown of trust between both parties, resulting in a lack of win-win situations. While making money is important, it is crucial for brand leaders to assist manufacturers in reducing costs to ensure that ethical issues are not disregarded. Let's work together to find a solution that benefits everyone involved. #collaboration #manufacturing #ethics

The demands of ethically conscious consumers and regulatory bodies are propelling the retail sector towards a more ethical future. Check out these insights from RSM analysts across the globe to learn more about ethical retail in 2024: https://rsm.buzz/3SoWksD

The demands of ethically conscious consumers and regulatory bodies are propelling the retail sector towards a more ethical future. Check out these insights from RSM analysts across the globe to learn more about ethical retail in 2024: https://rsm.buzz/4fpDM5u

The demands of ethically conscious consumers and regulatory bodies are propelling the retail sector towards a more ethical future. Check out these insights from RSM analysts across the globe to learn more about ethical retail in 2024: https://rsm.buzz/3MhFf0p

Competitors, yet ethical. In 2006, a Coca-Cola employee attempted to sell Coca-Cola's secrets to Pepsi for $1.5 million. However, instead of taking advantage of this unethical offer, Pepsi chose to notify Coca-Cola. This decision showcased the true spirit of ethical competition. It reminds us that even in fierce rivalry, integrity should never be compromised. Ethics in business is not just about following the rules. • It’s about → doing what’s right, even when no one is watching. It’s about creating a culture of trust and respect. In the long run, ethical practices build stronger brands. They create loyalty among customers and employees. They also pave the way for sustainable success. When companies act ethically, they set a standard for others. They prove that success doesn’t have to come at the cost of integrity. #Integrity #Ethics