Fortune Magazine on Wal-Mart’s Love Earth Jewelry Initiative
Introduction:
This article conveys the difficult issues involved in a large retailer like Wal-Mart admirably attempting to gain full custody of their supply chain. The objection that many have toward this initiative are not so much in the sourcing, but the marketing of the product, which this article, it should be noted, spaciously spins favorably by talking about Michael Kowalski, CEO of Tiffany, as someone who “hikes” and is pro-environment. **A photo of the “guilt free” gold is also provided. **
Tiffany is sourcing from some of the same places that Wal-Mart does, but they are wise enough not to market it as earth friendly. These mines are massively destructive to the environment (see previous posts on Wal-Mart)
Wal-Mart’s “Love Earth” Brand Draws Early Fire
Complaints Filed Against Wal-Mart For False Green Jewelry Claims
~ Marc Choyt, Publisher
This is the third of a series of posts on Wal-Mart. See the others in the Wal-Mart category to the right.
http://money.cnn.com/2008/09/03/news/companies/gunther_gold.fortune/