All Boohoo articles – Page 11
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NewsBoohoo shares bounce back after co-founders plough £15m into brand
The co-founders of fast-fashion giant Boohoo have bought another £15m worth of shares in a bid to stop the share price from falling any further.
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AnalysisThe Big Question: Should fashion retailers stop sourcing in Leicester?
Leicester is in the spotlight again following allegations of unsafe working conditions and suppliers paying below minimum wage with links to Boohoo and Quiz. Industry experts weigh in on whether it is time for fashion to pack up in Leicester or double down on tackling the problems.
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NewsMPs challenge Boohoo for ‘turning a blind eye’ to Leicester sweatshops
In a letter sent to Boohoo founders Mahmud Kamani and Carol Kane, MPs have called out Boohoo for falsely claiming no knowledge of the illegal working practices in their Leicester supply chain.
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NewsBoohoo boss vows to ‘lead from the front’ in fixing supply chain
Boohoo chief executive John Lyttle has vowed that the retailer will “lead from the front” when it comes to tackling the systemic issues uncovered in its supply chain.
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NewsQuiz ‘extremely concerned’ by fresh Leicester sweatshop allegations
Embattled fashion brand Quiz has said it is “extremely concerned” by reporting over the weekend that alleged workers at a factory making its products in Leicester were not paid the National Living Wage.
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NewsNational Crime Agency scrutinises Leicester slavery allegations as Boohoo investor bails
The National Crime Agency (NCA) is looking into reports of modern slavery in the Leicester textile industry, following newspaper allegations involving etailer Boohoo.
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AnalysisAnalysis: Slavery in Leicester – fashion’s dirty, open secret
Ethics and standards in Leicester’s fashion retail supply factories have once again come under the spotlight following allegations of slave labour and blatant disregard for social distancing requirements in the Covid-stricken city.
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NewsBoohoo launches independent review into supply chain following slavery allegations
Boohoo has launched an independent review into its UK supply chain and committed to invest £10m to “eradicate supply chain malpractice” as pressure over modern-day slavery allegations mounts.
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NewsAsos, Next and Zalando cull Boohoo brands amid slavery allegations
Asos, Next and Zalando have pulled Boohoo products from their websites following allegations of modern slavery at a warehouse in Leicester, Retail Week can reveal.
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OpinionOpinion: Boohoo should cut ties with Leicester following sweatshop revelations
Online fashion star Boohoo has become too big to countenance links with Leicester factories alleged to operate under Dickensian conditions in flagrant breach of the law.
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NewsTop investors pledge to engage with Boohoo on modern slavery claims
Two of Boohoo’s biggest investors have promised to engage with the online fashion giant over allegations of modern slavery at Leicester clothing factories.
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NewsBoohoo faces modern slavery allegations at Leicester warehouse
Boohoo has become embroiled in a modern slavery row amid claims that workers at factories in Leicester are being paid as little as £3.50 per hour.
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AnalysisAnalysis: Lessons from Leicester on how retail should prepare for local lockdowns
With the prospect of more local lockdowns on the cards, Retail Week explores how retailers can manage and plan for an uncertain future.
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NewsBoohoo faces investor scrutiny over £150m bonus scheme
Boohoo has been criticised by a growing number of investors for the implementation and timing of its new bonus scheme, which could see its bosses receive a £150m payout.
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NewsBoohoo bosses in line for £150m bonus in new incentive plan
The bosses of pureplay fashion powerhouse Boohoo are in line for a £150m bonus if shares rise by two thirds over the next three years as part of a new incentive scheme.
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NewsTikTok launches business arm to work with brands
Social media giant TikTok has launched a new ‘TikTok for Business’ platform to help brands market themselves on the app.
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AnalysisDeep dive: Store closures, DTC and the death of the suit – what next for fashion retail?
No retail category has been hit worse by the coronavirus outbreak than fashion. The pandemic has not only upended supply chains – it has obliterated consumer demand. Retail Week looks at the future for this embattled retail sector.
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AnalysisAnalysis: What’s next for Boohoo, fashion’s new conglomerate?
Boohoo has wasted no time making good on its plan to snap up distressed fashion brands for a song in the post-pandemic retail landscape.
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NewsBoohoo snaps up Oasis and Warehouse as first quarter sales surge
Boohoo has acquired the intellectual property of Oasis and Warehouse in a £5.2m deal alongside posting a jump in first-quarter revenue.
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NewsBoohoo braces for shareholder revolt over executive pay
Boohoo is facing a potential shareholder revolt this week over a payout to boss John Lyttle and salary increases for some of its top executives.