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For the most part, a company never anticipates its suppliers will be using child labor to provide a product, but for many large corporations with production facilities or suppliers in poorer countries, that is exactly what is, and has been, happening. And the reputation damage inflicted by accusations that a company uses child labor to [...]
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The above video features an AP news report about how the Niketown store in chic SoHo New York has become infested with bedbugs. Just like a lot of other places in New York. But rather than try to duck the issue, the store let everyone exactly why it is closed, simply by posting a note [...]
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If it wasn’t for Tiger Woods’ scandalous infidelities, we may have never gotten the announcement we did this morning: the launch of reputation risk insurance. Launched by DeWitt Stern, the 110-year-old risk management and insurance brokerage firm, the coverage will work to protect brands, corporate entities and advertisers against losses spawned by reputational risk crises. [...]
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