Sweatshops? Don't Sweat 'Em! NY Times Columnist Tells 'O' Magazine Readers

Illustration for article titled Sweatshops? Dont Sweat Em! NY Times Columnist Tells O Magazine Readers

We were totally down with the message of the O magazine August cover story "Chill: 21 Things You Should Stop Worrying About Right Now" (Sample entry: 'Worry Lines — stop worrying about 'em!' LOLZ.) But we really related to the question, "When I buy clothing made in Third World countries, am I exploiting the poor?" We sort of worry about that too! And boy did the O Magazine editors bring in the big guns to get us to convince us to just chill out about it. Wrote Pulitzer Prize winning New York Times columnist Nick Kristof in the mag:

Buying cheap clothes from foreign factories actually helps the workers.

How to say funnily, "Well yeah but kinda not that simple??" Mercifully, WWD's annual "Where The Money Is" survey of the salaries of the guys who get to buy Italian couture thanks to the fruits of sweatshop labor came out today. And yeah, Wal-Mart and Target executives did well, but those companies are actually kinda hard to run. Here are our favorites:

MICHAEL S. JEFFRIES, 62, CHAIRMAN AND CEO, ABERCROMBIE & FITCH CO. Total value: $26.2 million Base salary: $1.5 million; Bonus: NA; Stock and options awards: $14.1 million; Other: $10.6 million

Another year like this and Mike Jeffries could afford another $40+ million class-action race discrimination settlement out of his own pocket!

PAUL MARCIANO, 55, CEO AND VICE CHAIRMAN, GUESS INC. Total value: $17.1 million Base salary: $1 million; Bonus: $0; Stock and options awards: $603,532; Other: $15.5 million


What's "Other" mean? Guess!

BRAD MARTIN, 55, CHAIRMAN, SAKS INC. Total value: $12.9 million Base salary: $1 million; Bonus: $0; Stock and options awards: $9 million; Other: $2.8 million

Now, Saks sells a lot of clothes not made in Third World countries, but this guy, in retail circles, has long been widely mocked for his ineptitude. But not for his shitty compensation package!

True, there are problems with the fact that buying cheap clothes from foreign factories helps white guys not smart enough to succeed in any other industry a lot more, but whatevs. We need to just chill.


The Money List [WWD]
Related: Seven Things You Can Stop Worrying About Right Now! ['O' The Oprah Magazine]

Share This Story

Get our newsletter



SHE takes advantage of poor desprate people....remember that "Secret" thing she was pimping not to long ago?I believe in the power of positive thinking, but come on an age-long conspiracy to hide the power of positive thinking??

::dorky voice::::

"Think positively & focus on your goals!"

Wow! Thanks for that amazing revelation! That's a new concept! I didn't need a gaggle of self-help no-name professional bullshitters to tell me that.

The entire "A secret hidden throughout history" bullshit, along with the medieval style graphics of the parchment and wax seals and what not is just a half-assed marketing ploy to ride the interest and popularity already extant in The DaVinci Code &Passion of the Christ. Its quantum physics with a nice package nothing more....

...like some "every women" in some flat... fly over state can afford the crap she pimps in her magazine....shes a sellout product whore.