H&M joins the ‘open innovation’ craze with a plan to share its production chain with rivals

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H&M, a company criticized for fast fashion, wants to bring sustainable supply chains to competitors. This season, while H&M is hawking the ubiquitous dress-and-sneakers look ( why ?), it is also debuting Treadler, a new supply-chain sharing service that will allow smaller brands to utilize its infrastructure from development to delivery, reports the Financial Times. Read Full Story

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Apple stock is splitting: Here’s what that means and what you need to know

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In late August, owners of AAPL will have four times the amount of shares they previously owned. But the total value of those shares won’t be four times higher. Here’s why. Apple had an astonishingly good earnings call yesterday. Scratch that: It’s was absolutely phenomenal. Despite the pandemic and the severe economic consequences it has had, despite Apple closing virtually all of its retail stores at some point during the last quarter, and despite disrupted supply chains around the world, Apple posted record third-quarter results . Read Full Story

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All Apple products will be carbon neutral by 2030

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The company is ramping up efforts to reduce emissions through its supply chain and pushing to have more of its products recycled. Within a decade, every product that Apple makes will be carbon neutral. The company, which is already carbon neutral in its corporate operations, now plans to reach the same goal across its entire footprint, including its supply chain and the full life cycle of its products, which it says will have “zero climate impact.” Read Full Story

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If we don’t act now, healthcare supply shortages will continue long after coronavirus

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The ripple effects of this demand on the healthcare system will last for a long time, unless hospitals and healthcare systems realize the dangers of viewing supply chains solely in terms of cutting costs. Each day, the headlines remind us of the desperate shortage of medical supplies to fight the coronavirus. Healthcare workers are forced to treat patients without proper protective gear, manufacturers are scrambling to produce ventilators and masks, and rumors about unproven treatments lead to runs on drug supplies. Read Full Story

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Tesla roars, bears scatter: What to know about the stock and why it keeps going up

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Electric carmaker Tesla Inc. is now the ninth-highest valued company listed on the U.S. market. Tesla is finishing out the week after an incredible run that saw its stock price surge roughly 26% in the last seven days. The electric carmaker’s stock broke $2,000 per share on Thursday—just 50 days after it broke the $1,000-per-share barrier in June—and it’s now the ninth-highest valued company listed on the U.S. market, speeding past retail mega-chain Walmart and closing in on pharmaceutical giant Johnson & Johnson. Read Full Story

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Your sports merch is going beast mode as Fanatics expands beyond teams with Marshawn Lynch

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The sports apparel retail giant makes Beast Mode its first-ever deal with an individual player. Over the last decade, Fanatics has become the dominant player in sports apparel retail, thanks to its on-demand manufacturing and agile supply chain that has seen it close e-commerce and manufacturing deals with the NFL and Nike, MLB, NBA, NHL, MLS, European soccer clubs, and the Overwatch League. Read Full Story

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