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Top shareholder backs Boohoo chiefs amid calls for founder to step down following sweatshop scandal By Daily Mail City & Finance Reporter Published: 22:01 BST, 23 October 2020 | Updated: 22:34 BST, 23 October 2020 Boohoo’s billionaire founder has been backed by his largest independent investor. MPs called for Mahmud Kamani to step down as … Read more
More than £800m wiped off Boohoo’s stockmarket value as auditor quits following sweatshop scandal By Daily Mail City & Finance Reporter Published: 07:35 BST, 20 October 2020 | Updated: 07:35 BST, 20 October 2020 More than £800million was wiped off Boohoo’s stockmarket value after it confirmed it has been ditched by its auditor following revelations … Read more
Tammy Hembrow is no stranger to flaunting her fabulous physique. And the 26-year-old turns up the heat yet again in a series of campaign photos for her collaboration with fashion giant Boohoo. Tammy posed alongside her sisters Amy, 30, Emilee, 28, and Starlette, 19, for the new Hembrow x Boohoo collection, which drops on Wednesday. … Read more
One of Boohoo’s co-founders accused of giving misleading information to Parliament over appalling conditions at its clothes factories Carol Kane had assured MPs that third-party manufacturers used by her firm were ‘all audited’ on a regular basis A bombshell report uncovered excessive hours, life-threatening conditions and illegally low pay across much of the fast fashion … Read more
Furious MPs yesterday demanded the resignation of Boohoo’s bosses after an explosive report blasted the appalling treatment of workers in its Leicester clothes factories. Investigators led by Alison Levitt QC revealed ‘excessive’ hours, life-threatening conditions and illegally low pay across much of the fast fashion giant’s supply chain. Boohoo knew how bad the situation was … Read more
ALEX BRUMMER: Boohoo sweat-shop scandal shows profits always triumph over governance… with horrendous outcomes By Alex Brummer for the Daily Mail Published: 21:50 BST, 25 September 2020 | Updated: 21:50 BST, 25 September 2020 There is an unacceptable view in the financial community that as long as earnings are on the rise, dividends paid and … Read more
Bosses at Boohoo had known about the issues over low pay and poor working conditions at their Leicester clothes factories for months before the scandal was exposed, a new report has revealed. Alison Levitt QC was hired by Boohoo to review its business practices and she says that she found no evidence of any crimes … Read more
The chief executive of Boohoo today told an inquest through tears how he slapped his 20-year-old’s face then did CPR in a desperate bid to revive him after finding him dead in bed following a drugs binge. Louis Butler Lyttle – son of the clothing firm’s boss, John – was found unresponsive in his room … Read more
BooHoo’s ‘industrial scale’ wage shame: Fresh crisis for online retailer as audits of 18 textile factories suggest workers are paid as little as £3-an-hour Audit reports claim that workers in supplier factories paid below minimum wage The documents also highlighted inconsistencies in working-hour records Boohoo has suspended trade with the suppliers found to be breaching … Read more
MARKET REPORT: More tears for Boohoo backers as crisis grows after fashion company suspends orders with some suppliers By Francesca Washtell For The Daily Mail Published: 22:00 BST, 28 August 2020 | Updated: 22:00 BST, 28 August 2020 Boohoo investors were given another kicking after the company admitted it had suspended orders with a number … Read more