Patagonia fleece vests branded with companies' names have become a crucial part of the wardrobes of people who work in the finance industry. In New York City, these vests are part of the"Midtown Uniform" — typically slacks, a dress shirt, and a fleece vest.
Binna Kim, president of public relations company Vested, first reported the news on Monday after she reached out to a certified reseller of Patagonia apparel to purchase branded clothing for a client. The reseller told Kim that Patagonia is now reluctant to partner with companies that they view to be"ecologically damaging," as well as religious groups, food groups, political-affiliated organizations, financial institutions, and more.
However, for financial services companies that have already penned a deal with Patagonia, there is a silver lining. The change of focus only impacts new customers, as existing clients would not be impacted, a Patagonia spokesperson said.
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Accenture and these other stocks could hold up in a recession, Wall Street saysCNBC combed through Wall Street research over the last week to see what stocks analysts recommend buying in a recession
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »