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Boohoo

Boohoo Auditor PwC Quits—and BDO Doesn’t Want the Job, Either

PwC isn't renewing its contract as Boohoo's auditor and BDO allegedly doesn't want the "reputation risk" of…

Boohoo Earnings Show Little Hint of Sweatshop Scandal

Share prices are up 27.5 percent for 2020, despite an investigation finding "endemic" garment worker…

Boohoo Knew of ‘Endemic’ Problems in Garment Supply Chain, Report Finds

Boohoo CEO John Lyttle described garment workers as "important" to the e-tailer's success, but some officials…

Boohoo Publishes Results of Investigation After Sweatshop Allegations

In response to allegations of poor worker conditions in its supplier factories in Leicester, the retailer is…

Boohoo Could Be New Look’s Next Owner if Landlord Deal Fails

A Boohoo acquisition would likely close all of New Look's 496 stores, forcing an online-only future.

Boohoo Suppliers’ Dodgy Labor Practices Come to Light: Report

Third-party audit reports revealed that at least 18 Leicester factories supplying Boohoo failed to prove they…

Leicester’s Garment Workers Need ‘Better Deal’ From Retailers, Mayor Says

The mayor of Leicester wants fast-fashion retailers like embattled clothing purveyor Boohoo to give their…

With Boohoo Under Fire, Asos Raises Supplier Standards

Following exploitation allegations against its now-suspended supplier Boohoo, Asos is raising the…

Investors, Wowed by Boohoo’s ESG Standing, Missed ‘Clear Red Flag’

A broker says investors who snapped up Boohoo's shares because of its robust ethical rating missed a "clear…

Could a Factory Licensing Scheme or a Manufacturing Move Overseas Save Boohoo?

Boohoo has given its support for a licensing scheme that would compel garment factories to meet their legal…

‘Leicester Is the Tip of the Iceberg,’ Says Labour Behind the Label

Meg Lewis, campaigns manager at Labour Behind the Label, a charity organization that lobbies on behalf of…

Boycott Boohoo, or Hunt for Bargains? What Will Consumers Do?

Shoppers today appear more willing to make considered purchases, but the responsibility for long-term change…

Asos, New Look Nixed Plans to Expand UK Manufacturing After Leicester Trip

Asos and New Look had harbored ambitions of expanding U.K. production but dropped plans after a fact-finding…

Why Boohoo Factory Abuse Is Still Making Headlines

The ultra-fast-fashion retailer navigates bad press and investor fallout over factory abuse allegations.

Boohoo’s Tailspin Wipes Out $2.5 Billion in Market Value

Costs at Boohoo could increase by between $12.6 million and $25 million as it tries to rectify problems in…