Rip Curl – RIP another Australian manufacturing dream fades away

Comment by Peter Roberts The news this morning is that Rip Curl, the iconic Torquay Victoria surf brand is being sold to New Zealand’s Kathmandu for $350 million. And so another great Australian dream of designing and manufacturing great products completes its long, slow decline to full overseas ownership. The Rip Curl story is yet…

Ansell responds to allegations of exploitation by suppliers

Australia’s multi-national maker of rubber surgical and industrial gloves, Ansell (ASX: ANN), has been implicated in sales of rubber gloves made by Malaysian factories that allegedly exploit their labour forces. The UK controversy, involving supply to the NHS health service, alleges forced labour, forced overtime, debt bondage, withheld wages and passport confiscation at suppliers Top…