Why Did Bangladesh Stocks Rise 30 Percent After the Building Collapse? By Nathaniel Williams for www.elliottwave.com According to conventional wisdom, stock markets fall after bad news. And if any event ever qualified as "bad news," it would be Bangladesh's building collapse in late April. If you recall, an eight-story industrial building collapsed just one day after inspectors discovered cracks in the building and ordered an evacuation. Many garment workers were forced to return to...

In response to the worst factory disaster in Bangladesh's history, the country will start surveys of over 2000 factories on September 15, 2013. The Daily Star has the story. [caption id="attachment_1234" align="aligncenter" width="480"] Activists and the relatives of missing garment workers gather on August 2 in front of a sculpture made by members of labour organisations at the site of collapsed Rana Plaza in Savar. Photo: REUTERS/FILE[/caption] Factory Survey Starts on September...

Charles Edward Wilson Professor of Business Administration at the Harvard Business School, John A. Quelch, has several years of industry and academic experience in leadership, corporate accountability and management. Professor Quelch holds a joint appointment at Harvard School of Public Health as Professor in Health Policy and Management and is also a fellow of the Harvard China Fund, a member of the Harvard China Advisory Board and is an associate in research at the Fairbank Center for...

Interestingly, the fire and collapse in Bangladesh's garment factories in the last year, have not initiated a relocation of supply chain production for major apparel retailers. In this Reuters story, the sad truth that led to compromised safety standards, still seems to prevail- Cost is still King. [caption id="attachment_1216" align="aligncenter" width="450"] An employee sorts newly finished T-shirts at the Estee garment factory in Tirupur in Tamil Nadu June 19, 2013. Credit-REUTERS/Mansi...

On August 20, 2013, the American alliance elected an Ellen O' Kane Tauscher as the independent chair of its board of directors, and also welcomed three new members- Costco, Intradeco Apparel and Jordache Enterprises, bringing the total up to 20 retailers and apparel brands. Read more in this story from just-style.com.  [caption id="attachment_1194" align="aligncenter" width="220"] Ellen O'Kane Tauscher. Source- Wikimedia Commons[/caption] US: Bangladesh Safety Alliance Names Chair as...