A co-founder of fashion retailer Boohoo has links to a factory in Leicester accused of paying staff less than the minimum wage, it has been revealed. The brand has confirmed that the factory at the heart of the ‘human trafficking and slavery’ allegations is run by Morefray Ltd, a Manchester-owned firm with ties to the I Saw … Read more
The sweatshop slavery scandal engulfing Boohoo has cost its founders more than £335million in just two days. Its shares fell another 11.9 per cent, or 35.3p, yesterday to 261.4p – taking losses so far this week to 32.5 per cent. That has wiped £1.6billion off the value of the company, and cost founders Carol Kane … Read more
It’s a family affair! Boohoo buys Pretty Little Things fashion label from founder’s playboy son in £300m deal By Daily Mail City & Finance Reporter Published: 21:50 BST, 28 May 2020 | Updated: 22:04 BST, 28 May 2020 The playboy son of Boohoo’s chairman is in line for a £300million windfall after the online retail … Read more