Connect with us

BIZ

Nike to stop using kangaroo skins for its shoes in 2023

Published

on

Nike is making a move that will please consumers and animal rights activists alike.

The maker of athletic apparel has announced it will stop using kangaroo skins for its shoes this year, ending a controversial practice.

The move comes weeks after a similar decision from German rival Puma.

Nike said it will be using a proprietary synthetic material that replaces the use of kangaroo leather.

In a statement issued on Monday, Nike will be using the material when it debuts a new line of Tiempo football boots, called the Tiempo Legend Elite.

The line is set to launch this summer.

The company ended its partnership with its only kangaroo leather supplier in 2021.

The decision from Nike and Puma to end the use of kangaroo skin in their football boots comes as a big win for animal welfare activists, who have urged companies to drop unethical practices involving animal cruelty.

“Nike’s announcement is a seismic event in wildlife protection, and tremors will be felt all over the world, especially in Australia where the mass commercial slaughter of kangaroos occurs,” said Wayne Pacelle, president of the Center for a Humane Economy.

The group is behind the campaign “Kangaroos Are Not Shoes,” which it announced in 2020, and has been key instrumental to introducing legislation banning the import and sale of kangaroo products.

A growing generation of younger, environmentally conscious shoppers have also pressed for more sustainability from clothing companies.

California has not allowed products made from kangaroos to be sold or imported into the state since 1971.

(Yahoo)

BIZ

Imported milk powder prices upped

Published

on

By

The price of a 400g pack of imported milk powder has been raised by Rs.100, according to the Milk Powder Importers’ Association.

Previously priced at Rs.1,100, the new cost for a 400g pack is now Rs.1,200.

Continue Reading

BIZ

No cases filed against 22 banned pyramid schemes – CBSL

Published

on

By

Although the Central Bank of Sri Lanka (CBSL) has banned 22 institutions operating illegal pyramid schemes, no legal action has been taken against any of them so far, according to reports.

This was disclosed during a workshop held at the CBSL yesterday (July 08) on the dangers of pyramid schemes.

According to CBSL officials, after initial investigations, the files were handed over to the Criminal Investigation Department (CID) for further inquiry.

The CID’s Financial Crimes Unit has reportedly completed its investigations and submitted findings to the Attorney General’s Department, which is responsible for filing cases.

However, it was noted that not a single case has been filed to date.

The CBSL states that investigations will be continued against companies engaged in these illegal practices and hopes at least one or two such cases would be filed by the end of this year or early next year (2026).

Continue Reading

BIZ

Bowser owners warn of fuel distribution crisis

Published

on

By

The Ceylon Petroleum Private Bowser Owners’ Association has alleged that fuel distribution operations have been arbitrarily handed over to another party, which could disrupt fuel transportation across the country.

The association’s Treasurer – Jagath Parakrama warned that the move could jeopardize distribution if not reversed immediately, claiming there is an attempt to create a monopoly over fuel transport.

Parakrama noted that bowser owners, numbering around 400–500 in the association, have long handled the transport of fuel from bulk storage depots island-wide.

He alleged that authorities are now trying to award the fuel transportation route from Colombo and Muthurajawela to Kurunegala to a single businessman via a tender process.

He added, “If we don’t transport the fuel, no one else will be able to do so. However, in the last two or three years, this business was about to be handed over to a few large-scale business people. We, as an association, intervened and managed to stop it for a long time. But now, they are trying to hand over this transportation service to their close associates.”

He stressed that fuel transportation should remain a public service, warning that allowing a monopoly could lead to issues similar to those faced by other transport services.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved