H&M CEO Sees ‘Terrible’ Fallout as Consumer Shaming Spreads

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The chief executive officer of fashion giant Hennes & Mauritz AB says a growing movement that shames consumers represents a very real social threat.Karl-Johan Persson, the 44-year-old H&M CEO and son of its billionaire chairman, is speaking out as a pattern of shaming that initially targeted air travelers spreads into more industries, including his. The movement has gained traction as Greta Thunberg, the Swedish teen activist, inspires millions of people across the globe to take to the streets and voice their anger …read more

Source:: Yahoo Finance

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