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Asos calls for new law to strengthen Modern Slavery Act

Asos calls for new law to strengthen Modern Slavery Act

On this episode of Talking Shop, we're joined by Dan Cate, CEO and Founder of SoldThrough. Dan is a heavyweight retail executive who has spent decades steering the merchandising and digital operations of America’s most iconic retail institutions, from Saks Fifth Avenue and Bloomingdale’s to Century 21 and Lord & Taylor. Today, through his platform SoldThrough, Dan helps international fashion brands cross the Atlantic and crack the notoriously brutal U.S. retail landscape. We break down his journey from the shop floor to the C-suite, the operational indicators that prove a brand is truly ready for international expansion, and how to navigate a fragmented American market without destroying your margins. We also discuss how to balance localised inventory with central efficiency, and the one non-negotiable metric that tells you a product has found genuine market fit.

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Asos has called for the implementation of a new mandatory human rights due diligence legislation in the UK in order to strengthen the 2015 Modern Slavery Act.

The legislation, which is currently being developed by the European Commission for the EU, would help ensure that UK companies take steps to “prevent and mitigate risks” and protect vulnerable people within the supply chains.

Additionally, Anti-Slavery International has advised the online retailer on its modern slavery policies, in-country programme work and practices since 2017 in order to ensure its taking the appropriate steps.

Nick Beighton, CEO, Asos, said: “There is absolutely no place for modern slavery in today’s world, and after an incredibly challenging year for the fashion industry and for garment workers worldwide, all companies and brands must now share the risks they have identified and the actions they have taken to ensure we can work together to deliver effective change.

“We’re incredibly grateful to Anti-Slavery International for providing commentary and constructive challenge for this year’s statement and look forward to continuing our partnership as we seek to drive further change over the years to come.”

Jasmine O’Connor, CEO, Anti-Slavery International, added: “We welcome Asos’ call for a new UK law to hold companies to account when they fail to prevent human rights abuses.

“We hope other UK companies across all sectors follow Asos’ leadership, and that the UK Government responds to the growing calls from civil society, trade unions and business to go beyond the Modern Slavery Act and introduce stronger laws.”

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