Patagonia’s “No Bros” Policy Sparks Di-Vest-iture Panic
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 18 April 2019
⏱️ 6 minutes
🧾️ Download transcript
Summary
Today is Thursday, April 18, and we’re looking at Patagonia vs. Carhartt.
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Transcript
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| 0:49.3 | One, three. From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, April 18th. |
| 1:09.0 | The word divestature has taken on a whole new meaning, |
| 1:13.0 | and that meaning has an entire class of workers in a panic. Outdoor clothing company, |
| 1:17.8 | Patagonia, will no longer sell its fleet-end-down vests to most of the corporate world. |
| 1:23.4 | That's chilling news for so-called tech bros, Wall Street Titans of Power, and other generally |
| 1:29.1 | male banking finance and tech execs. Going forward, Patagonia says, it'll only allow B-Corp's and |
| 1:36.0 | other planet-friendly organizations to adorn Patagonia vests with their names. The company will choose |
| 1:41.7 | who gets to buy its vests on a case-by-case basis. That decision is |
| 1:47.4 | leaving a whole raft of tech bros out in the cold. Well, let's back up a sec. If you don't live in |
| 1:52.8 | New York City or Silicon Valley, this particular fashion statement might have passed you by. |
| 1:56.9 | See, over the past few years, the vest over shirt sleeves, has become the uniform of the power elite, especially in finance. |
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