All Boohoo articles – Page 7
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AnalysisThe power players: the acquisitive retailers snapping up brands
As Boohoo snaps up Debenhams, Retail Week takes a look at the pack of retailers taking advantage of the acquisition opportunities Covid has created to boost their business. Who are the sector’s new power players?
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AnalysisBoohoo boss: How we will make Debenhams a force to be reckoned with
In news that took the sector by surprise, Boohoo has acquired the intellectual property assets of struggling department store Debenhams for £55m – but what does the fashion etailer plan to do with the business?
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Opinion‘Asos and Boohoo swoops for Topshop and Debs are changing of the guard’
If proof were needed of the scale of change underway in retail, it came this week as pureplays Asos and Boohoo swooped on two of retail’s most venerable high street names.
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NewsBoohoo acquires Debenhams brand and website
Boohoo has acquired Debenhams’ brand and website for £55m in what executive chair and co-founder Mahmud Kamani describes as “a transformational deal”.
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NewsSir Brian Leveson: ‘Boohoo brands need a shared clear vision’
Sir Brian Leveson’s first report to the Boohoo board has praised the group’s actions so far to reform its supply chain but said there is still “a long way to go”.
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NewsStore closures hammer Primark sales as Boohoo exceeds expectations
Primark has recorded a sharp downturn in sales over Christmas with its stores forced to close, while digital pureplay Boohoo’s sales soared.
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Opinion‘Investors must separate wheat from chaff as etailers race to market’
The acceleration of online retail sales during the pandemic has brought a race to market as ecommerce players rush to pull off IPOs.
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Opinion‘Forget Jaeger – Topshop should be the prize for M&S’
It makes complete sense for Marks & Spencer to add fashion brands to its offer, particularly online, as has successfully been done by rival Next.
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NewsBoohoo mired in fresh controversy over Pakistani factory conditions
Boohoo has again been embroiled in controversy over conditions for workers within its supply chain, with allegations of underpayment and exploitation emerging from Pakistan.
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NewsBoohoo chair Kamani: ‘We can’t fix Leicester on our own’
Boohoo founder and chair Mahmud Kamani has insisted that the retailer is committed to sourcing in Leicester but will need the help of suppliers to improve working conditions in the city.
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OpinionPeter Williams: ‘The job losses are awful, but fashion needs a cull’
I joined the retail industry rather a long time ago – in 1987 to be precise, at Freemans, the traditional mailorder business that produced a 1,000-page catalogue twice a year.
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NewsSir Brian Leveson and KPMG to oversee Boohoo’s ‘agenda for change’
Boohoo has chosen Sir Brian Leveson PC to provide independent oversight of its “agenda for change” following modern slavery allegations against its Leicester factories earlier this year.
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AnalysisDeep dive: How to think like a pureplay and survive the online sales shift
The time of the pandemic has been, for retail, the time of the pureplay – or at least a definitive switch to online.
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Opinion‘The clock is ticking on Boohoo’s agenda for change’
Boohoo has been embroiled in scandal this year and has set out an “agenda for change” that will supposedly turn things around – but what will it really take for the business to undo years of ignorance?
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NewsLeicester MP launches fresh attack on Boohoo bosses and investors
A Leicester MP has launched a fresh attack on Boohoo’s bosses and investors, renewing calls for chief executive John Lyttle and executive chair Mahmud Kamani to step down amid a modern slavery scandal.
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NewsBoohoo appoints McCabe to chair audit committee following slavery allegations
Boohoo has appointed Shaun McCabe to its board as new audit committee chair following the modern slavery allegations made against the group earlier this year.
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Opinion‘Why are auditors suddenly dumping retail clients?’
Boohoo, EG Group and Poundstretcher have all seen their auditors resign in recent weeks. Having originally fought for the engagement, why the about-turns?
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NewsBoohoo directors snap up shares on the cheap as value plummets
Senior directors of Boohoo have been buying up shares in the fast-fashion retail group less than a day after the news that PwC had stood down as its auditor sent prices tumbling.
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NewsBoohoo auditor quits over corporate governance concerns
Boohoo’s auditor PwC is stepping down amid concerns over the online retailer’s corporate governance.
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OpinionMove of the Week: Can Boohoo’s new supply chain boss prove doubters wrong?
Boohoo’s appointment of Andrew Reaney to the new role of responsible sourcing director is either a significant step on the path to a more sustainable future or an exercise in window dressing designed to relieve pressure on the under-fire retailer.