00:09:05 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Nike CDR (CAD Hedged)
Symbol NKE
Shares Issued 650,000
Close 2023-08-15 C$ 20.18
Market Cap C$ 13,117,000
Recent Sedar Documents

Globe says Nike, Dynasty Gold see CORE eye Ralph Lauren

2023-08-16 07:53 ET - In the News

Also In the News (C-DYG) Dynasty Gold Corp (2)
Also In the News (C-GMN) Gobimin Inc

The Globe and Mail reports in its Wednesday, Aug. 16, edition that a watchdog created by the federal government to probe corporate wrongdoing abroad says it is opening an investigation into whether Ralph Lauren Canada is selling products made with Uyghur forced labour in China. The Globe's Susan Krashinsky Robertson and Steven Chase write that it is only the third investigation announced by the Canadian Ombudsperson for Responsible Enterprise (CORE) since opening its doors to receive complaints in March, 2021. Last month CORE announced investigations into Nike Canada and Canadian mining company Dynasty Gold. CORE is investigating all of the companies in response to complaints filed last year by a coalition of human-rights groups. They asked for a probe into allegations that some products sold by 14 Canadian companies -- most of them subsidiaries of large U.S. firms -- are made with forced labour in China. The watchdog is expected to decide on the remaining complaints in the coming weeks. Also Tuesday, CORE announced it decided not to investigate Canadian mining company GobiMin because the company had sold its Xinjiang subsidiary in 2022. Rights groups say Beijing had committed grave human-rights violations against the largely Muslim Uyghur population.

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