consumer goods News - Daily News Brief

Australian Sports Retailer Decathlon Fined $1.5 Million Over Incorrect Warning Labels on Basketball Hoops, Pools

August 18, 2021 by Fourth Estate Wire

The Federal Court of Australia has ordered sporting goods retailer Decathlon to pay $1.5 million for selling basketball hoops and inflatable pools with incorrect warning labels, breaching consumer law. On Aug. 17, Justice John Nicholas ruled that Decathlon was “careless” …

Johnson & Johnson Recalls Neutrogena, Aveeno Sunscreen Products Due to Presence of Benzene

July 15, 2021 by Fourth Estate Wire

American healthcare company Johnson & Johnson is recalling five of its sunscreen products due to traces of benzene, a chemical that can cause cancer, found in some samples. The company announced the voluntary recall on July 14 after an internal …

Amazon Blocks 10 Billion Product Listings Amid Intensified Counterfeit Crackdown

May 10, 2021 by Fourth Estate Wire

Seattle-based e-commerce giant Amazon announced on Monday that it blocked more than 10 billion suspicious listings last year before any of its offerings could get officially sold on its platform, the first of the tech firm regarding the anti-counterfeiting initiative …

Brexit Related Shipping Challenges to Cause Consumer Goods Price Increases in UK

December 9, 2020 by Fourth Estate Wire

The price of different consumer goods in the United Kingdom could increase by over 40 percent from January 1st after post-Brexit taxes, representing a significant setback for the government of Prime Minister Boris Johnson.

Global Camera Shortages Expected Due to AKM Factory Fire

December 8, 2020 by Fourth Estate Wire

Many camera manufacturers are at risk of halting their production in the coming months due to a massive October fire that broke out at an Asahi Kasei Microdevices (AKM) Semiconductor audio chip factory in Nobeoka, Miyazaki Prefecture, Japan.