women

Japan firms fall woefully short of meeting government goals on women in management – Reuters poll

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

FILE PHOTO: A woman wearing a protective face mask uses an escalator in a quiet business district on the first working day after the Golden Week holiday, following the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan, May 7,2020.REUTERS/Kim Kyung-Hoon

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

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women

How Small Business Tax Expenditures Miss Women-Owned Firms

Tax Notes contributing editor Marie Sapirie talks with American University tax professor Caroline Bruckner about the lack of consideration by Congress on how the U.S. tax code affects women-owned businesses and what can be done.

This post has been edited for length and clarity. 

Marie Sapirie: Thanks, Caroline, for joining me today to talk about your recent research on women-owned businesses and the tax lawmaking process.

Caroline Bruckner: Thanks so much for having me.

Marie Sapirie: Your research documents the growth of women-owned businesses over the past 40 or so years from 1976 when the U.S. Census Bureau counted just over 400,000 women-owned firms to over 11 million firms today. I was hoping you could give us an

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fashion

Fashion firms scrapped $16 billion in orders amid pandemic

American and European fashion brands scrapped billions of dollars in apparel orders amid the coronavirus pandemic, stiffing garment workers out of more than $1 billion in the process, labor watchdogs say.

The value of apparel imports to the US and the European Union plummeted by $16.2 billion from April through June as Western retailers canceled or refused to pay for orders they placed before the COVID crisis began, according to researchers at the Center for Global Workers’ Rights and the Worker Rights Consortium.

Ten percent of that would have gone to pay workers who make the clothes in developing countries such as Vietnam, Bangladesh and Honduras — meaning they likely lost out on about $1.6 billion in wages as the pandemic ravaged the global economy, the watchdogs say.

“This loss in value translates into suppliers dramatically reducing operations, suspending operations, or even going out of business,” the researchers wrote in

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shopping

Private Equity Firms Bet on Booming Demand for Online Shopping

(Bloomberg) — Private equity firms are betting that the rise in online shopping is here to stay, with some of the world’s biggest investment funds eyeing deals for everything from warehouses to delivery companies.



a person using a laptop computer sitting on top of a table: Internet Shopping Leads Recovery in U.K. Consumer Spending


© Bloomberg
Internet Shopping Leads Recovery in U.K. Consumer Spending

Clipper Logistics Plc, which supports the e-commerce operations of retailers from Asos Plc to Superdry, is attracting interest from buyout firms, people with knowledge of the matter said. Cinven is among potential suitors that have been evaluating the 496 million-pound ($638 million) British company, while CVC Capital Partners has also looked in the past, according to the people, who asked not to be identified because the information is private.

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Silver Lake recently participated in a $650 million funding round for Klarna AB, which lets shoppers pay for online purchases in installments. In August, Advent International acquired a controlling stake in the U.K. operations of

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