Top investors pledge to engage with Boohoo on modern slavery claims

Boohoo recycled

Two of Boohoo’s biggest investors have promised to engage with the online fashion giant over allegations of modern slavery at Leicester clothing factories.

Merian Global Investors, now part of Jupiter Group, and Baillie Gifford, told Retail Week that they would work with Boohoo to address the issues raised after an undercover investigation by The Sunday Times revealed workers at a Leicester supplier apparently producing goods for the Nasty Gal business were paid as little as £3.50 per hour.

The supplier, operating under the name Jaswal Fashions, was also reported to have had few PPE or social distancing measures in place.

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