Faculty News

Professor Michael Posner asserts that despite the price tags for luxury brand goods, the conditions in factories across their supply chains can be just as bad as those found in factories producing for fast fashion retailers

Excerpt from The New York Times -- “'Given the product prices, there is a sense that the luxury brands must be doing it right, and that makes them immune to public scrutiny,' said Michael Posner, a professor of ethics and finance at the Stern School of Business at New York University. 'But despite the price tags for luxury brand goods, the conditions in factories across their supply chains can be just as bad as those found in factories producing for fast fashion retailers.'”

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