All Boohoo articles – Page 9
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Analysis
Deep 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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News
Leicester 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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News
Boohoo 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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News
Boohoo 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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News
Boohoo 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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Opinion
Move 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.
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News
Boohoo cuts ties with Leicester supplier embroiled in fraud scheme
The director of a clothing supplier with links to Boohoo and Select Fashion has been involved in a money-laundering scheme, an investigation has found.
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News
Boohoo names responsible sourcing director to shore up supply chain
Boohoo has appointed former Primark executive Andrew Reaney to the newly created role of responsible sourcing director.
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News
Environmental Audit Committee reopens fast fashion inquiry
Two years after its inquiry into fast fashion, the Environmental Audit Committee has decided to revisit the issue after new concerns came to light during the coronavirus pandemic.
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News
Boohoo investors urged to oust Kamani and Lyttle over modern slavery scandal
Boohoo’s biggest shareholders have been urged to oust its chair and co-founder Mahmud Kamani and boss John Lyttle following a damning report into working conditions and pay in the warehouses of its Leicester suppliers.
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Opinion
‘Whisper it for now, but retail is on the road to recovery’
One would be forgiven for thinking retail was on its proverbial deathbed given some of the media coverage of the past few days.
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Analysis
Boohoo boss John Lyttle: ‘We won’t succeed if we don’t get this right’
In the last six months, Boohoo has faced a number of challenges, but chief executive John Lyttle and the board are confident they are on the right path.
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News
Boohoo sales and profits soar in first half
Boohoo has seen group revenues and profits soar in the first half of the year and said the momentum has continued into September, despite the fallout from the Leicester scandal.
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News
Boohoo asks court to dismiss $100m pricing case
Boohoo has asked a Los Angeles court to dismiss a $100m (£79m) lawsuit after it was accused of deliberately offering “fake” discounts.
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Analysis
Boohoo Leicester supply chain: What went wrong and can it be fixed?
Boohoo today published the independent review into allegations about factories in Leicester. Retail Week explores its key findings and solutions to the controversy.
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News
Boohoo probe uncovers ‘many failings’ in Leicester supply chain
An independent review into Boohoo’s UK supply chain has uncovered “many failings” in its work with garment manufacturers in Leicester.
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Analysis
Can fashion retailers get shoppers out of their jogging bottoms?
The fashion industry has been one of the hardest-hit sectors amid the coronavirus pandemic as demand waned over a wedding- and holiday-free summer. Can fashion retailers convince shoppers to ditch their loungewear in favour of party dresses?
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News
Boohoo eyes New Look as crunch CVA vote looms
Boohoo is understood to be planning a swoop on New Look if its CVA is not voted through by landlords this week, with the fashion retailer warning it could collapse without rent cuts.