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Frasers Group acquires Hervis stores in Hungary and Romania

Austrian sporting goods retailer Hervis, owned by the Spar Group, is withdrawing from two markets. Hervis Sport- und Modegesellschaft mbH has concluded an agreement with Frasers Group (European Holdings) Limited, part of the UK retail group Frasers Group Plc, regarding the sale of the companies Hervis Hungary (Hervis Sport és Divatkereskedelmi...

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Business|BACKGROUND

Poverty wages in Romania: What do fashion companies have to say?

Almost six weeks ago, the Clean Clothes Campaign (CCC) published its country report for Romania, which revealed that workers toil eight to ten hours a day plus forced, unpaid extra time, are subject to insults and harassment at the workplace and in the end, receive only 14 percent of a living wage. Sounds familiar? Yes, conditions at this...

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