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Boohoo raises FY guidance as H1 sales and profit soar

2020-09-30 11:54:00| Daily apparel & textile news and comment - from just-style.com

Boohoo Group has upped its full-year guidance on the back of a double-digit hike in both earnings and revenue for the first half, which came despite the launch of an independent review into its UK supply chain during the period.

Tags: sales profit guidance raises

 

Boohoo profit soars despite factory conditions row

2020-09-30 11:25:09| BBC News | Business | UK Edition

Half-year profits rise 51% as the firm pledges to address issues over pay and working conditions.

Tags: conditions profit factory row

 
 

Boohoo to boost supply chain oversight as probe finds failings

2020-09-25 13:53:00| Daily apparel & textile news and comment - from just-style.com

Boohoo Group has pledged to strengthen its sourcing team and work more closely with suppliers after an independent review into its UK supply chain identified "many failings" but determined the online fast fashion retailer's business model is not founded on exploiting workers in Leicester.

Tags: supply chain finds supply chain

 

Boohoo to table bid for New Look?

2020-09-14 12:45:00| Daily apparel & textile news and comment - from just-style.com

Online fast fashion retailer Boohoo is reportedly mulling an offer for ailing UK clothing chain New Look if its proposal for a CVA is rejected by creditors and it falls into administration.

Tags: look table bid boohoo

 

Boohoo slumps as suppliers flout minimum wage law

2020-09-01 13:51:00| Daily apparel & textile news and comment - from just-style.com

At least 18 of Boohoo's suppliers are alleged to have flouted UK minimum wage laws, and some have been accused of employing immigrants without the proper right-to-work documentation.

Tags: law minimum suppliers wage

 

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