U.S. labor board limits companies’ liability for franchisee labor-law violations

A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by business groups. The rule by the National Labor Relations Board (NLRB), which was first proposed in September 2018, requires that […]

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Authentic Brands taps former H&M executive to helm Forever 21

Forever 21’s new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M (HMb.ST) executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer. Kulle, a two-decade veteran at the Swedish apparel retailer, most recently worked as strategic adviser to former H&M Group Chief Executive Karl-Johan Persson. Authentic Brands […]

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