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	<title>Express &#8211; USA NEWS LIVE</title>
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		<title>American Express pays $230 million to settle fraud investigations</title>
		<link>https://bloggingthree.soflytech.com/2025/01/american-express-pays-230-million-to-settle-fraud-investigations/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 16 Jan 2025 21:28:20 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[American]]></category>
		<category><![CDATA[Express]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[investigations]]></category>
		<category><![CDATA[million]]></category>
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		<category><![CDATA[settle]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=22799</guid>

					<description><![CDATA[American Express pays a complete of about $230 million to resolve federal wire fraud investigations and resolve civil charges of false promoting, the corporate said Thursday. That includes greater than $138 million in a non-prosecution agreement with the U.S. Attorney&#39;s Office in Brooklyn, New York, related to allegations that American Express gave its customers &#8220;inaccurate [&#8230;]]]></description>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">American Express<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    pays a complete of about $230 million to resolve federal wire fraud investigations and resolve civil charges of false promoting, the corporate said Thursday.</p>
<p>That includes greater than $138 million in a non-prosecution agreement with the U.S. Attorney&#39;s Office in Brooklyn, New York, related to allegations that American Express gave its customers &#8220;inaccurate tax advice&#8221; on two Wire products.</p>
<p>Separately, the banking giant pays $108.7 million to resolve U.S. civil claims <a href="https://www.justice.gov/opa/pr/american-express-agrees-pay-1087m-settle-allegations-deceptive-marketing-and-dummy-account" target="_blank">Civil Division of the Ministry of Justice</a> that, amongst other things, it had fraudulently marketed bank cards to small businesses.</p>
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<h2 class="RelatedContent-header">Read more about CNBC&#39;s politics coverage</h2>
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<p>Amex said it had also reached an “agreement in principle with the staff of the Board of Governors of the Federal Reserve System,” which is predicted to be finalized in the approaching weeks.</p>
<p>“Pursuant to the agreements and after credit, American Express will pay a total of approximately $230 million to resolve these matters,” Amex said.</p>
<p>The major agreement follows recent agreements by other major firms including <a href="https://www.nytimes.com/2025/01/14/business/mastercard-26-million-pay-discrimination.html" target="_blank">MasterCard</a> And <a href="https://www.wsj.com/articles/cash-app-owner-to-pay-80-million-over-alleged-anti-money-laundering-deficiencies-fab5d7cf" target="_blank">block</a>to settle claims from prosecutors or regulators.</p>
<p>“American Express misled its customers by touting tax breaks that simply didn’t exist,” Harry Chavis, special agent in command of the IRS’ New York Criminal Investigation Division in New York, said in a press release.</p>
<p>Chavis said: &#8220;This fraudulent marketing campaign &#8230; involved hundreds of employees who defrauded their customers and the government.&#8221;</p>
<p>Prosecutors said in a news release that in 2018 and 2019, Amex launched the Wire products Payroll Rewards and Premium Wire, which were &#8220;marketed as a means to achieve tax savings.&#8221;</p>
<p>The customers, who primarily included small and medium-sized businesses, were told that the fees from the transfers were tax-deductible as business expenses and that the shoppers would otherwise have paid taxes on the fees, prosecutors said.</p>
<p>Customers were also told that Membership Reward points they received in exchange for the transactions were earned tax-free and due to this fact exceeded the actual cost of the fees.</p>
<p>But that pitch &#8220;was based on false tax advice, namely that the transfer fee was fully deductible as a business expense,&#8221; prosecutors said.</p>
<p>&#8220;Charging a transfer fee &#8211; well above what competitors offer in the market &#8211; for the purpose of generating personal benefit is not a &#39;normal&#39; and &#39;necessary&#39; business expense&#8221; as required, they said.</p>
<p>An internal investigation into these marketing practices in early 2021 led to the firing of about 200 employees, in accordance with prosecutors. In November of the identical yr, the 2 products were completely discontinued.</p>
<p>The separate civil settlement announced Thursday focused on allegations that AmEx &#8220;fraudulently marketed credit cards&#8221; through &#8220;an affiliated company that made sales pitches to small businesses.&#8221;</p>
<p>The practices, which took place from 2014 to 2017, included &#8220;misrepresenting card rewards or fees&#8221; and &#8220;whether credit checks were being conducted without the customer&#39;s consent,&#8221; the DOJ said.</p>
<p>The practices also allegedly included “providing false financial information to potential customers, such as overstating a company’s income.”  </p>
<p>Amex also allegedly attempted to “deceive its federally insured financial institution” to permit small business customers to buy bank cards without the legally required employer identification numbers, often known as EINs.</p>
<p>&#8220;The United States alleged that American Express employees used &#39;dummy&#39; EINs such as &#39;123456788&#39; when opening small business credit cards in 2015 and the first half of 2016,&#8221; the DOJ said.</p>
<p>Amex&#39;s settlement agreement with the DOJ&#39;s Civil Division doesn&#8217;t include an admission of liability or wrongdoing by the corporate, which has denied the allegations in regards to the EINs and fraudulent bank card sales practices.</p>
<p>“When financial companies use deceptive sales tactics or falsify information to cover up noncompliance with applicable regulations, they jeopardize the integrity of our financial system,” Assistant Attorney General Brian Boynton, head of the Civil Division, said in a press release.</p>
<p>“Today’s settlement makes it clear that the Department will hold accountable those who violate the trust placed in them to follow the rules of our financial institutions and to be truthful in their business practices,” Boynton said.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>how First Nations people express their cultural stories through fashion</title>
		<link>https://bloggingthree.soflytech.com/2024/11/how-first-nations-people-express-their-cultural-stories-through-fashion/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 22 Nov 2024 15:32:20 +0000</pubDate>
				<category><![CDATA[Fashion & Style]]></category>
		<category><![CDATA[cultural]]></category>
		<category><![CDATA[Express]]></category>
		<category><![CDATA[Fashion]]></category>
		<category><![CDATA[Nations]]></category>
		<category><![CDATA[people]]></category>
		<category><![CDATA[Stories]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19613</guid>

					<description><![CDATA[Once positioned 250 meters east of the Art Gallery of South Australia, the massive Beaux Arts-style Jubilee Exhibition Building was constructed to deal with the 1887 Adelaide Jubilee International Exhibition and rejoice the fiftieth anniversary of South Australian settlement. The exhibition, which hosted each national and international participants, showcased various items including machinery, art, textiles [&#8230;]]]></description>
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<p>Once positioned 250 meters east of the Art Gallery of South Australia, the massive Beaux Arts-style Jubilee Exhibition Building was constructed to deal with the 1887 Adelaide Jubilee International Exhibition and rejoice the fiftieth anniversary of South Australian settlement. </p>
<p>The exhibition, which hosted each national and international participants, showcased various items including machinery, art, textiles and products. </p>
<p>In the South Australian area, the Protector of Aborigines is liable for the control of Aborigines in South Australia and the Northern Territory. <a href="https://catalogue.nla.gov.au/catalog/7340407">issued</a> cultural devices and artifacts.</p>
<p>These items included bags and wallets comprised of “native hemp” from the Northern Territory. </p>
<p>This colonial depiction of forced and unpaid First Nations fashion labor was a practice that had begun a long time earlier. </p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:80.23872679045093%;--background-color:#414141"><img decoding="async" alt="Black and white photo" class="lazyload" src="https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=482&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=482&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=482&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=605&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=605&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/633133/original/file-20241119-15-qx9bd0.jpeg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=605&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">The South Australian section on the Adelaide Jubilee International Exhibition.</span><br />
              <span class="attribution"><a class="source" href="https://collections.slsa.sa.gov.au/resource/B+10212/15">State Library of South Australia</a></span><br />
            </figcaption></figure>
<p>In 1866 the Central Board for the Protection of the Aborigines issued baskets, bags and bonnets <a href="http://nla.gov.au/nla.news-article5776783">Melbourne Intercolonial Exhibition of Australasia</a>. </p>
<p>In the Queensland Court of the <a href="http://nla.gov.au/nla.news-article146795056">1888 Melbourne Centennial Exhibition</a>Pearl jewelry from the Torres Strait Islands was exhibited. </p>
<p>By the mid-Twentieth century, these goods were not featured in Native American exhibitions <a href="http://nla.gov.au/nla.news-article230948830">more autonomy</a> of their craft production. This rise of self-determination led to the primary wave of First Nations fashion design, contemporary clothing manufacturers and textile designers.</p>
<h2>A marketplace for design</h2>
<p>First Nations women in Coffs Harbor within the mid-Sixties <a href="https://aiatsis.gov.au/sites/default/files//digitised_collections/dawn_index/v16/s09/3.pdf">made clothes for tourists</a> at Big Banana. Although the clothes didn&#8217;t feature their very own designs, the ladies earned income from making the dresses and sarongs. </p>
<p>In the late Sixties, textiles from the Tiwi Islands appeared and were later demonstrated <a href="https://trove.nla.gov.au/newspaper/article/110896107?">small fashion shows</a>. </p>
<p>Soon other craft centers joined the textile movement and there was an explosion of designs available in the market. </p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:62.201591511936336%;--background-color:#a1705a"><img decoding="async" alt="" class="lazyload" src="https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=373&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=373&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=373&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=469&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=469&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/633135/original/file-20241119-15-eom3u6.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=469&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">The Big Banana, photographed within the mid-Sixties.</span><br />
              <span class="attribution"><a class="source" href="https://coffs.recollect.net.au/nodes/view/77944">Courtesy of the City of Coffs Harbour</a>, <a class="license" href="http://creativecommons.org/licenses/by/4.0/">CC BY</a></span><br />
            </figcaption></figure>
<p>By the Eighties, First Nations fashion design had established itself as a movement. </p>
<p>This was the time when individual designers presented and presented their designs alongside the established craft centers <a href="https://www.bronwynbancroft.com/history?pgid=kddvaeao-d276a7d8-aa23-4ddc-a389-c95ee6525f73">on international catwalks</a>. </p>
<p>Their designs and silhouettes were latest: they told contemporary stories about colonization, community, family and culture.</p>
<h2>Self-determination</h2>
<p>Today they&#8217;re First Nations artists and designers <a href="https://www.commonground.org.au/article/first-nations-self-determination-in-fashion">self-determining</a> ownership of their cultural histories and corresponding fashion, gallery, library and museum practices. </p>
<p>Many First Nations artists and designers present in quite a lot of media, ensuring their designs and practices are culturally, environmentally and economically sustainable. </p>
<p>The First Nations pieces featured within the exhibition <a href="https://www.agsa.sa.gov.au/whats-on/exhibitions/radical-textiles/">Radical textiles</a> Traverse art and fashion design by taking the item off the body and placing it on a mannequin or frame. These artworks have the common denominator of honoring and celebrating tradition, ancestors, family, community and country. </p>
<p>The pieces embody wearable art from a purely experimental or industrial approach.</p>
<p>Dilly Bags Everywhere (2021) contains a modern, vibrant bag and an attention grabbing, eye-catching dress print with women and animal motifs. </p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:91.90981432360743%;--background-color:#a45e62"><img decoding="async" alt="" class="lazyload" src="https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=552&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=552&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=552&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=693&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=693&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/633136/original/file-20241119-17-3j6xi2.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=693&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Trudy Inkamala, Western Arrernte/Luritja people, Northern Territory, born 1940 in Hamilton Downs Station, Northern Territory, died Northern Territory 2023, Sheree Inkamala, Western Arrernte/Luritja/Pitjantjatjara people, Northern Territory/South Australia, née Mparntwe ( Alice Springs), Northern Territory 1995, Yarrenyty Arltere Artists, dilly bags all over the place! (dress and dilly bag), 2021, Mparntwe (Alice Springs), Northern Territory, cotton, recycled wool blankets, vegetable dyes, discarded metal, wool, 96.0 cm (center back), 120.0 cm (diameter) (bust), 57.0 x 27.0 x 7.5 cm (w); Gift of the Hon. Diana Laidlaw AM by the Art Gallery of South Australia Foundation 2024, Art Gallery of South Australia, Adelaide.</span><br />
              <span class="attribution"><span class="source">© the artist and Yarrenyty Arltere Artists</span></span><br />
            </figcaption></figure>
<p>Sustainable and recycled materials, including used wool blankets, discarded metal and plant-dyed cotton, are on the forefront of this work. </p>
<p>Trudy Inkamala was a respected elder and knowledge keeper who created fiber art and painted by hand artwork depicting and depicting people and wildlife. Her younger relative, Sheree Inkamala, is an aspiring textile and print artist. </p>
<p>Her designs embody the type of Yarrenyty Arltere Artists, an Aboriginal-run art center in Mparntwe (Alice Springs) known for its colourful and playful soft sculptures, works on paper, textiles and film.</p>
<p>Annabell Amagula&#39;s (Anindilyakwa people) (b. 1965) representation of land, culture and sustainability in her Ghost Net Bag and Dress (2020) highlights technical skill and complex details in multiple layers of expertise. </p>
<p>Amagula&#39;s dress and bag are comprised of fair trade silk, a hand-woven ghost net and recycled miners&#39; high-visibility uniforms. </p>
<p>The silk pattern features an existing image of Amagula&#39;s ghost net crab sculpture, which has been repeatedly and digitally printed. A recycled miner&#39;s uniform is used to hem the dress and together with the ghost net to construct and form the bag. </p>
<p>Amagula is an experienced artist from Groote Eylandt within the Northern Territory and a member of Anindilyakwa Arts, whose family has been instrumental in supporting her within the art of painting and bag making.</p>
<h2>Always has been, all the time will likely be</h2>
<p>Clothing The Gaps&#39; iconic power t-shirt boldly echoes the colours of the Aboriginal flag and bears the historically significant message &#8220;Always Was, Always Will Be&#8221;, a robust recognition that Aboriginal and Torres Strait Islander individuals are the are the rightful guardians of this land and sovereignty has never been relinquished. </p>
<p>Clothing The Gaps is a majority Aboriginal-owned social enterprise based in Victoria, co-founded by Laura Thompson (Gunditjmara people) and Sarah Sheridan. The organization designs wearable clothing for First Nations peoples and allies and uses colours and slogans to spotlight the critically vital issues affecting First Nations people. </p>
<figure>
<p><iframe title="Clothing The Gaps Overview 1min" width="1170" height="658" src="https://www.youtube.com/embed/71xA4CLOrfM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
</figure>
<p>Their clothing is ethically made in Australia in Wurundjeri Country, Victoria and embodies wearable activism that demands and influences social change.</p>
<p>Paul McCann&#39;s (Marrithiyel people) (*1984) Sovereignty Never Ceded Gown and Suit (2023) speaks of the trauma and resilience of First Nations and the importance of sovereignty and self-determination. </p>
<p>A commissioned set for the 2023 Melbourne Fashion Festival, McCann&#39;s dress features cream satin, blue organza and painted by hand gold patterns. The black vintage suit is decorated with hand-painted motifs in blue and gold. </p>
<p>A fashion design graduate, McCann was inspired by his grandmother&#39;s vintage outfits and his family&#39;s cultural stories and art. His design ethos is one in all culture and glamour, and he often adds hand-painted art and embellishments to garments and jewellery that tell stories of tradition and country.</p>
<p>These 4 artworks and fashion have diverse interwoven messages, themes and artistic practices. Some are wildly colourful while others are muted. Some represent contemporary graphics, others traditional art. Some speak openly about sovereignty, while others are subtle of their message. </p>
<p>Their commonality advocates and showcases culture, craftsmanship, sustainability and the will to inform the reality.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>The US and China express global disagreements at a gathering of their top diplomats</title>
		<link>https://bloggingthree.soflytech.com/2024/07/the-us-and-china-express-global-disagreements-at-a-gathering-of-their-top-diplomats/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 27 Jul 2024 20:03:16 +0000</pubDate>
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		<category><![CDATA[disagreements]]></category>
		<category><![CDATA[Express]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=10179</guid>

					<description><![CDATA[VIENTIANE, Laos – The United States and China renewed their mutual grievances on Saturday as U.S. Secretary of State Antony Blinken and his Chinese counterpart held their sixth meeting since last 12 months amid an uncertain political situation within the United States and growing concerns about China&#39;s increasing assertiveness in Asia and elsewhere. Blinken and [&#8230;]]]></description>
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<p>VIENTIANE, Laos – The United States and China renewed their mutual grievances on Saturday as U.S. Secretary of State <a href="https://apnews.com/hub/antony-blinken">Antony Blinken</a> and his Chinese counterpart held their sixth meeting since last 12 months amid an uncertain political situation within the United States and growing concerns about China&#39;s increasing assertiveness in Asia and elsewhere.</p>
<p>Blinken and Chinese Foreign Minister Wang Yi met for about an hour and 20 minutes on the sidelines of the annual Southeast Asian Regional Security Forum in Vientiane, Laos, where tensions between China and its U.S. ally the Philippines over disputes within the South China Sea were at the middle of the talks.</p>
<p>U.S. State Department spokesman Matthew Miller said Blinken and Wang had a &#8220;frank and productive&#8221; discussion but failed to succeed in substantive agreement on the problems that the majority divide the 2 countries &#8211; within the Indo-Pacific, Europe and the Americas.</p>
<p>&#8220;The United States will continue to take the necessary actions to protect our interests and values ​​and those of our allies and partners, including with respect to human rights,&#8221; Blinken told Wang, in keeping with Miller.</p>
<p>Blinken &#8220;made clear that the United States, together with our allies and partners, will advance our vision of a free and open Indo-Pacific,&#8221; he said, referring to China&#39;s recent aggressive actions against Taiwan, the self-governing island that Beijing claims as a part of the mainland and which it seeks to reunify by force if crucial.</p>
<p>The Chinese Foreign Ministry said in a press release that despite regular contacts, the US &#8220;has not stopped its containment and suppression of China, but has even intensified it.&#8221; The statement said that the risks to Sino-US relations &#8220;continue to mount and the challenges are also increasing&#8221; and that &#8220;it is necessary to constantly reorient the direction, manage risks, properly handle differences, eliminate disruptions and promote cooperation.&#8221;</p>
<p>Blinken criticized China for &#8220;destabilizing actions in the South China Sea&#8221; and &#8220;reiterated the United States&#39; support for freedom of navigation and overflight and the peaceful resolution of disputes in accordance with international law,&#8221; Miller said.</p>
<p>The United States&#39; top diplomat praised China and the Philippines for reaching an agreement earlier this week that allowed the Philippines to make a supply trip to the disputed territory on Saturday. <a href="https://apnews.com/article/south-china-sea-philippines-second-thomas-shoal-00203011b1b051cd374bb2d7a9994983">without having to face Beijing’s armed forces</a>the primary trip of this type for the reason that contract was signed.</p>
<p>&#8220;We are pleased to note the successful remediation effort at Second Thomas Reef today,&#8221; Blinken told the foreign ministers of the Association of Southeast Asian Nations before his meeting with Wang. &#8220;We welcome this and hope and expect that it will continue in the future.&#8221;</p>
<p>Prior to the agreement, tensions between the Philippines and China escalated for months, with the Chinese coast guard and other armed forces <a href="https://apnews.com/article/south-china-sea-philippines-disputed-scarborough-shoal-5e7b105b1b0a65471776e3cba79b5324">with powerful water cannons and dangerous blockades</a> Maneuvers to forestall food and other supplies from reaching Philippine naval personnel.</p>
<p>Nevertheless, Blinken, who shall be in Manila next week as a part of his current six-country tour of Asia, also lamented China&#39;s &#8220;escalating and unlawful actions against the Philippines in the South China Sea in recent months.&#8221;</p>
<p>During his meeting with Wang, Blinken also reiterated the deep concern of the United States and Europe over China&#39;s support for the Russian arms industry. Washington and European capitals consider that Russia is using this support to spice up the production of weapons for the war against Ukraine.</p>
<p>Blinken &#8220;made clear that the United States will continue to take appropriate action if China does not address this threat to European security,&#8221; Miller said. Since that warning was first issued over a 12 months ago, the United States and other countries have imposed sanctions on greater than 300 Russian and Chinese firms involved on this trade.</p>
<p>Asked whether the Chinese had responded to the sanctions in the way in which the United States and its allies would really like, a senior State Department official replied, &#8220;Not enough to address our concerns.&#8221; The official spoke to reporters on condition of anonymity concerning the private diplomatic meeting.</p>
<p>Blinken&#39;s Asia trip was announced just hours after President Joe Biden said he would step aside as a candidate within the November election in favor of Vice President Kamala Harris. Although the senior official said that call was not discussed in Saturday&#39;s meetings, he said Blinken identified to Wang that Harris has experience with China and met with Chinese President Xi Jinping in Bangkok in 2022.</p>
<p>Russian Foreign Minister Sergei Lavrov was also present on the ASEAN meeting in Laos, however the senior official said Blinken had not had any contact with him.</p>
<p>From Laos, Blinken flew to Hanoi for a transient stopover to supply condolences on the death of the powerful head of Vietnam&#39;s Communist Party last week, before traveling on to Japan, the Philippines, Singapore and Mongolia.</p>
<p>Blinken shall be accompanied by Secretary of Defense Lloyd Austin in Tokyo and Manila on Sunday and Monday. The two will meet with their Japanese and Philippine counterparts to strengthen defense cooperation. Blinken may also meet with the foreign ministers of India and South Korea in Tokyo.</p>
<p>Former President Donald Trump, now the Republican presidential candidate, expressed doubts concerning the usefulness of American alliances world wide during his first term and proposed reducing or eliminating the American military presence in Japan and South Korea.</p>
<hr>
<p><em>Associated Press author Ken Moritsugu in Beijing contributed to this report.</em></p>
<p>Originally published: <time datetime="2024-07-27 10:33:04">July 27, 2024 at 10:33 am</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Identical to Eloise from Bridgerton, real Regency women used muffs to specific themselves – and make friends</title>
		<link>https://bloggingthree.soflytech.com/2024/06/identical-to-eloise-from-bridgerton-real-regency-women-used-muffs-to-specific-themselves-and-make-friends/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 06 Jun 2024 22:55:39 +0000</pubDate>
				<category><![CDATA[Fashion & Style]]></category>
		<category><![CDATA[Bridgerton]]></category>
		<category><![CDATA[Eloise]]></category>
		<category><![CDATA[Express]]></category>
		<category><![CDATA[Friends]]></category>
		<category><![CDATA[muffs]]></category>
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		<category><![CDATA[Regency]]></category>
		<category><![CDATA[women]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=5603</guid>

					<description><![CDATA[Each season of Bridgerton is extremely anticipated not just for the season&#39;s plot, but additionally for the lavish costumes. While most eyes were focused on Penelope Featherington&#39;s (Nicola Coughlan) blossoming and transformation in season three—a storyline that effectively reinforces the ability of clothing—one other character&#39;s unusual accessory has caught the eye of fans of the [&#8230;]]]></description>
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<p>Each season of Bridgerton is extremely anticipated not just for the season&#39;s plot, but additionally for the lavish costumes. While most eyes were focused on Penelope Featherington&#39;s (Nicola Coughlan) blossoming and transformation in season three—a storyline that effectively reinforces the ability of clothing—one other character&#39;s unusual accessory has caught the eye of fans of the period drama.</p>
<p>Although anything is feasible within the fantasy Regency world of Bridgerton and the query of the series&#39; historical accuracy has turn into moot, this season has encountered a completely satisfied case of accidental accuracy.</p>
<p>When Eloise (Claudia Jessie) and Cressida (Jessica Madsen) walk within the park in the primary episode, Eloise&#39;s forearms are wrapped in a fluffy, purple muff. The unusual decision to have Eloise wear a muff in the peak of summer was made to <a href="https://youtu.be/LEAevARv0zk?si=pcA9x0e78aLsMYUa">broken wrist</a>. However, this fashion coincidence actually applies to one among the lesser-known accessories of the 18th century – the silk muff.</p>
<p><iframe src="https://loader.bridged.media/direct/index.html?website=https://theconversation.com&#038;journeyId=65f0269195d8096d23e3804e" width="100%" height="500px" frameborder="0"></iframe></p>
<p>Muffs, cylindrical accessories worn across the hands and forearms, were made within the 18th century from three materials: fur, feathers and silk. </p>
<p>Fur muffs were first worn within the sixteenth century and were probably the most luxurious muff. Fur muffs produced from fox, lynx and even bear fur may very well be stuffed with warming eiderdown and were sold mainly from early October to February. Hatters and furriers (the makers of fur muffs) advertised recent muffs in newspapers and offered cleansing and alteration services to assist ladies of high society prepare their muffs for the London winter season.</p>
<p>Feather muffs were also popular and were worn all yr round. For example, after the Seven Years&#39; War (1756–1763), newspapers within the spring and summer of 1762 were stuffed with advertisements and editorials for feather muffs. Their popularity was a byproduct of the French <a href="https://journals.openedition.org/apparences/3713?lang=en">Lose access</a> from the North American fur trade to the British. However, probably the most versatile muffs for all seasons were those made from silk.</p>
<figure class="align-left zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:131.22362869198312%;--background-color:#906756"><img decoding="async" alt="Illustration of a Regency woman wearing a fur muff" class="lazyload" src="https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=237&#038;fit=clip" srcset="https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=787&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=787&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=787&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=989&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=989&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/598126/original/file-20240603-19-72b9m6.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=989&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Illustration of a Regency woman wearing a fur muff, by George Moutard (1797).</span><br />
              <span class="attribution"><a class="source" href="https://findit.library.yale.edu/catalog/digcoll:976813">Courtesy of Lewis Walpole Library, Yale University</a>, <a class="license" href="http://creativecommons.org/licenses/by-sa/4.0/">CC BY-SA</a></span><br />
            </figcaption></figure>
<p>Silk muffs have been worn because the seventeenth century and are decorated with embroidery, sequins or satin prints (images printed on silk). Although some are trimmed with fur and heavily insulated, many are made from just a skinny layer of wool wadding (a padding produced from natural fibres). This made them a lighter choice to wear throughout the changeable temperatures of the British spring and summer.</p>
<p>Silk muffs were often made at home and offered women a blank canvas for sartorial self-expression. They were often embroidered with printed patterns from magazines similar to <a href="https://ladysmagazine.omeka.net/">The Lady&#39;s Magazine</a>or in response to patterns bought in town.</p>
<p>The embroidery of a muff demonstrated the skill and experience of the maker. It also served as a middle of community and connection between cousins, siblings and friends. </p>
<p>For example, the English <a href="https://www.britishmuseum.org/about-us/british-museum-story/people-behind-collection/mary-delany">Paper flower artist</a>  Mary Delany often taught her sister easy methods to work with embroidery. Delany&#39;s great-niece, Frances Mabel Sparrow, also sought the recommendation of her older cousin Henrietta Pennington, who <a href="https://books.google.co.uk/books/about/The_Modern_Venus.html?id=2KvPEAAAQBAJ&#038;redir_esc=y">“great worker”</a>. </p>
<p>In her letters, Sparrow sought Pennington&#39;s advice and asked her to send samples of the most recent fashions from London to Sparrow&#39;s house, which was 120 miles north of the capital. Pennington&#39;s house in Kensington put her within sight of high society. In her cousin&#39;s eyes, this made her a wonderful arbiter of fashion news and taste.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:63.793103448275865%;--background-color:#9b5d5e"><img decoding="async" alt="A light pink silk muff with floral embroidery." class="lazyload" src="https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=383&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=383&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=383&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=481&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=481&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/597793/original/file-20240531-17-qzrwhp.jpeg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=481&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">A real British silk muff from 1780.</span><br />
              <span class="attribution"><a class="source" href="https://www.metmuseum.org/art/collection/search/121709">The Costume Institute of the MET Museum</a></span><br />
            </figcaption></figure>
<p>In addition to the sensible networks that arose around embroidery, family ties were also established and strengthened through the work. Delany&#39;s correspondence along with her sister Anne states: <a href="https://journals.openedition.org/apparences/3713?lang=en">She describes a musty</a> that she made as a &#8220;symbol of you and me&#8221; and so I have to cherish it. This shows the sentimental attachment that an adjunct can develop through sewing and crafting.</p>
<p>Likewise, the alternative of thread, stitch, shade, color and pattern reveal the personality and skill of the muff maker. In the primary episode of Bridgerton, young women discuss embroidery stitches, which Eloise finds extremely boring. It is portrayed as a trivial female waste of time. But in point of fact, it was about female empowerment, self-determination and self-expression.</p>
<p>With the introduction of satin prints within the 1780s, the silk muff literally became a wearable canvas. It not only demonstrated women’s artistic skill with the needle, but additionally showcased the work of female visual artists, similar to <a href="https://www.royalacademy.org.uk/exhibition/angelica-kauffman?sourceNumber=756823">Angelica Kauffman</a>. Satin prints often depicted allegories of virtues similar to bliss, innocence, or sincerity. Originally painted by Kauffman and printed on silk, these printed images gave women one other avenue for self-expression and encouraged and supported female artists. </p>
<p>Silk muffs were a year-round accessory that connected women with one another and provided a platform for his or her artistic skills and creativity. The humble muff was a small but powerful type of female agency within the guise of an easy accessory.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Goldman and American Express are among the many top corporations for fogeys: studying</title>
		<link>https://bloggingthree.soflytech.com/2024/05/goldman-and-american-express-are-among-the-many-top-corporations-for-fogeys-studying/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 11 May 2024 04:21:34 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[American]]></category>
		<category><![CDATA[among]]></category>
		<category><![CDATA[companies]]></category>
		<category><![CDATA[Express]]></category>
		<category><![CDATA[Goldman]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=3144</guid>

					<description><![CDATA[Working parents, guardians or carers know the challenge of finding the difficult balance between work and care responsibilities. From paid parental leave to quality medical health insurance and equal pay to cover childcare costs, finding an employer that takes parents&#39; unique needs into consideration has turn out to be a priority for workers. With no [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p>Working parents, guardians or carers know the challenge of finding the difficult balance between work and care responsibilities.</p>
<p>From paid parental leave to quality medical health insurance and equal pay to cover childcare costs, finding an employer that takes parents&#39; unique needs into consideration has turn out to be a priority for workers.</p>
<p>With no federal oversight of workplace advantages like paid leave and care, business leaders are being asked to take the lead.</p>
<p>CNBC partner Just Capital checked out the policy disclosures of America&#39;s largest corporations to seek out the most effective corporations within the country that meet these requirements.</p>
<p>“Americans are very clear about what they believe companies should prioritize: their workers,” said Alison Omens, president of Just Capital.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Top Companies for Parents</h2>
<div class="group">
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Goldman Sachs<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">American Express<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Decker&#39;s Outdoor,<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span> <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">S&#038;P Global<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    and Splunk are the highest corporations for fogeys in 2024, in keeping with Just Capital research.</p>
<p>All five corporations offer the next advantages: 20 or more weeks of paid parental leave for primary and secondary caregivers;  Equality of parental leave for all carers;  and support subsidized look after their employees.</p>
<p>“What the pandemic brought to light, and remains true today, is that for working parents, especially mothers who provide a disproportionate amount of care, paid parental leave is an important part,” Omens said.</p>
</div>
<div class="group">
<p>S&#038;P Global offers 26 weeks of paid parental leave.  Company employees and couple Lauren and Mario Washington told CNBC that shared parental leave had a profound impact on their family&#39;s dynamics and well-being after the birth of their second daughter in 2021.</p>
<p>“These first few weeks seem fleeting, but they have noticeably improved our family’s balance and relationship,” Lauren said.  “Mario&#39;s dedication helped our oldest daughter grow from an only child to a big sister and helped me focus on caring for our newborn and my own recovery.”</p>
<p>However, HR has a special perspective on the impact of parental leave on business.  The more “direct cost,” in keeping with the Society for Human Resource Management (SHRM), is an worker’s salary over the variety of weeks of vacation.  SHRM argues that employers&#39; salaries are already accounted for of their budgets.</p>
<p>The “indirect costs” are the lack of productivity while an worker is on leave, temporary alternative and costs of administering a paid leave program.</p>
<p>“Paid parental leave is an expensive proposition,” said Yvette Lee, HR knowledge consultant at SHRM.  “But turnover of key talent can be even more costly.”</p>
<p>Lee said investing in paid parental leave and similar measures could make sense in the long term.</p>
<p>Many corporations have introduced measures to make sure equal opportunities within the workplace for all employees.</p>
<p>Deckers Outdoor is aiming for gender parity in leadership positions by 2030, and Goldman Sachs has set a hiring goal of fifty% and 40% for hiring women in entry-level and leadership roles, respectively.</p>
<p>“We invest in our success as a company by investing in our people,” said an S&#038;P Global spokesperson.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Express out-of-business sales in Santa Clara and Emeryville</title>
		<link>https://bloggingthree.soflytech.com/2024/04/express-out-of-business-sales-in-santa-clara-and-emeryville/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 23 Apr 2024 18:46:45 +0000</pubDate>
				<category><![CDATA[Arts]]></category>
		<category><![CDATA[Clara]]></category>
		<category><![CDATA[Emeryville]]></category>
		<category><![CDATA[Express]]></category>
		<category><![CDATA[outofbusiness]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[Santa]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=1363</guid>

					<description><![CDATA[NEW YORK &#8211; Express Inc &#8211; once a trendsetter in casual office wear that struggled to compete with firms like Zara and H&#038;M &#8211; has filed for Chapter 11 bankruptcy protection. The Columbus, Ohio-based retailer, founded in 1980, also announced Monday that it plans to sell the vast majority of its stores. Express, the parent [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2021/06/2020-06-san-jose-valley-fair-CVSJMALLS-02.jpg?w=1400px&amp;strip=all" /></p>
<div>
<p>NEW YORK &#8211; Express Inc &#8211; once a trendsetter in casual office wear that struggled to compete with firms like Zara and H&#038;M &#8211; has filed for Chapter 11 bankruptcy protection.</p>
<p>The Columbus, Ohio-based retailer, founded in 1980, also announced Monday that it plans to sell the vast majority of its stores.</p>
<p>Express, the parent company of the Bonbons and UpWest brands, is closing a handful of stores because of this.  In an announcement about its bankruptcy filing, the corporate said it plans to shut 95 of its Express Retail stores and all 10 of its UpWest stores.  These include stores in Santa Clara (Valley Fair Mall) and Emeryville (Bay Street).</p>
<p>Sales at locations closing spanning greater than 30 states and Washington, D.C. are scheduled to start Tuesday.  Beyond these closures, Express expects business operations to proceed as normal.</p>
<p>Also on Monday, Express said it had received a non-binding letter of intent from a bunch led by consumer brand acquisition and management firm WHP Global to potentially acquire a majority of its stores and operations.  Express said it filed for Chapter 11 protection “to facilitate the sale process.”</p>
<p>According to Express, the consortium exploring the deal also includes shopping mall operators Simon Property Group and Brookfield Properties.  WHP, Simon Property and Brookfield didn&#8217;t immediately reply to requests for comment on Monday.</p>
<p>Express CEO Stewart Glendinning said WHP has been &#8220;a strong partner&#8221; with the corporate since 2023 &#8211; adding that the proposed transaction would supply Express with additional financial resources and put it in a greater position to grow profitably while maintaining value for stakeholders to maximise.</p>
<p>According to Express&#39;s website, along with its UpWest stores, the corporate operates roughly 530 Express retail and Express Factory Outlet stores within the United States and Puerto Rico, in addition to roughly 60 Bonobos Guideshop locations and online stores for those brands.</p>
<p>Express reported total debt of nearly $1.2 billion and total assets of $1.3 billion in its Chapter 11 filing March 2 within the U.S. Bankruptcy Court for the District of Delaware.</p>
<p>The company initially began as a women&#39;s fashion provider after which expanded into men&#39;s fashion.  It offered must-have items like denim dresses for those searching for trendy outfits at work, at reasonably priced prices.</p>
<p>But increasing competition from fast-fashion firms like H&#038;M, in addition to the rise of Old Navy and athleisure brands like Lululemon, hurt the brand&#39;s sales, said Neil Saunders, managing director of market research firm GlobalData.  Saunders also noted that the brand has been affected by quality issues and the pandemic has accelerated the work-from-home trend, reducing the necessity for shoppers to buy workwear.</p>
<p>“Everyone has been chomping at Express from all sides, and Express doesn’t have a defensible proposal,” Saunders said.</p>
<p>Express joins a handful of shops which have filed for Chapter 11 to date this yr, including fabric and crafts retailer Joann.  And analysts expect the variety of bankruptcy filings this yr to be concerning the same level (near 24) as last yr, as buyers hampered by high levels of consumer debt remain cautious, the auditor said &#8211; and consulting firm BDO, which tracks personal bankruptcies.</p>
<p>According to BDO, only five retailers have filed for bankruptcy in 2022.  The figure appeared to point a recovery from the pandemic-related store closures that pushed struggling businesses into crisis in 2020, because the variety of retail bankruptcies rose to 35 from 21 a yr earlier, BDO said.</p>
<p>Express said Monday that it has a commitment from some existing lenders for $35 million in latest financing, which is subject to court approval.  This can be along with the $49 million in money the corporate received earlier this month from the Internal Revenue Service related to the pandemic-era CARES Act.</p>
<p>Express also announced a leadership update on Monday.  Mark Still will change into chief financial officer effective immediately after serving as interim CFO since November 2023, the corporate said.</p>
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