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Patagonia Will Take Time In Reopening

One retailer is taking its times in formulating its plans to reopen, and for good reason. “Patagonia is held to a different set of standards than major publicly traded corporations based on its certification as a B Corp by a nonprofit called the B Lab, which legally requires the company to consider the interests of ‘workers, the community and the environment’ as well as shareholders,” according to The New York Times. “The brand’s approach is being tested by the pandemic. Patagonia must balance the future of its business, which it acknowledges could shrink, with the health and financial well-being of its employees.”

Read the whole story at The New York Times »

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