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Share Name | Share Symbol | Market | Type |
---|---|---|---|
LandBridge Company LLC | NYSE:LB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-2.15 | -6.90% | 29.01 | 32.09 | 28.019 | 31.16 | 587,171 | 23:26:36 |
Limited Brands Inc. (LTD), which owns Victoria's Secret, said Thursday it will investigate claims of child labor employed to produce cotton that is used in some of the lingerie brand's products, CNN reported on its website.
"We are very concerned," Limited Brands said in a statement, according to CNN. The company said the cotton in question, from Burkina Faso, is "used in a small portion of our Victoria's Secret panty styles."
"If this allegation is true, it describes behavior that is contrary to our company's values and the code of labor and sourcing standards that we require all of our suppliers to meet," the statement said. "These standards expressly prohibit child labor."
Full story at http://www.cnn.com/2011/12/15/world/africa/victorias-secret-child-labor/index.html?hpt=hp_t2
-Dow Jones Newswires; 212-416-2900
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