Adidas says Berlin Fashion Week launch and co-CEO announcements are fake

Adidas says Berlin Fashion Week launch and co-CEO announcements are fake


Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop.

Miguel Candela | SOPA Images | LightRocket via Getty Images

Several press releases allegedly sent from Adidas about a Berlin Fashion Week launch, its treatment of workers abroad and other topics related to its business structure were fake, according to the company.

“We’re not commenting on these fake emails/releases,” said Claudia Lange, the retailer’s vice president of external communication, in an email to CNBC.

One faked release said that Vay Ya Nak Phoan, who was described as a former Cambodian factory worker and union leader, had been appointed co-CEO to ensure ethical compliance in manufacturing.

The Yes Men, an activist group that has a history of creating spoofs to draw attention to how corporations respond to social issues, confirmed to CNBC it was behind the releases along with other groups. The groups hope Adidas signs onto the Pay Your Workers labor agreement, which advocates for garment worker pay and the right to organize.

“In the wake of several scandals, it seems like it would be a great thing for them to turn over a new leaf,” said a member of The Yes Men identified as Mike Bonanno.

Two of the faked press releases claimed Adidas was launching new clothing called REALITYWEAR from celebrities Pharrell Williams, Bad Bunny and Philllllthy. The hoax release announcing the Berlin Fashion Week debut on Jan. 16 claimed it was part of a push for a renewed focus on workers’ rights and material sourcing.

Adidas outlines its stance on workers’ rights on a “Workplace Standards” page dedicated to the issue, spelling out its code of conduct for worker health, safety, pay and “responsible sourcing.”

The Guardian first reported that The Yes Men were behind the campaign.

The multi-layered Yes Men campaign also referenced the now-ended partnership with Ye, the rapper formerly known as Kanye West who has come under fire in recent months for anti-Semitic statements, and included a “response” from the company, providing fabricated responses to points raised in the first releases.

— CNBC’s Gabrielle Fonrouge contributed reporting



Source

Lunar New Year gives luxury brands a chance to win back big spenders in China
Business

Lunar New Year gives luxury brands a chance to win back big spenders in China

Luxury brands from Harry Winston to Loewe are going all in on Lunar New Year collections in a bid to attract Chinese customers. Ahead of the Year of the Horse, which starts on Tuesday, Harry Winston unveiled a limited-edition, $81,500 rose gold watch with diamond bezels and a red lacquer horse. High-end fashion brand Chloé […]

Read More
AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Business

AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says

Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of […]

Read More
How packaging and logistics companies are automating their warehouses
Business

How packaging and logistics companies are automating their warehouses

DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]

Read More