Timothy Koller

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It was obvious to anyone earning less than $24 million a year that no manager was worth that much. The AFL-CIO even has a webpage dedicated to tracking the most egregious offenders. Topping the CEO-to-worker pay ratio list in 2021 was Fran Horowitz, CEO of made-everywhere-else-but-America clothing line Abercrombie & Fitch. Fitch sells sweaters and jeans indistinguishable from other sweaters and jeans, manufactured in more than a hundred factories located in Bangladesh, Cambodia, China, and Vietnam. Fitch offers a “Soft AF” (short for “soft as fuck”) zip-up hoodie for $59.[*1] Horowitz earned ...more
Making It in America: The Almost Impossible Quest to Manufacture in the U.S.A. (And How It Got That Way)
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