Boohoo investors launch modern slavery lawsuit

Fast-fashion giant Boohoo is facing a fresh investor lawsuit in the UK. Scrutiny over Boohoo’s business practices has escalated following allegations of mistreatment within its supply

Boohoo investors launch modern slavery lawsuit
FashionLaw

Boohoo investors launch modern slavery lawsuit

Credit: Boohoo Website

Fast-fashion giant Boohoo is facing a fresh investor lawsuit in the UK. Scrutiny over Boohoo’s business practices has escalated following allegations of mistreatment within its supply chain, specifically targeting its Leicester factories. This new lawsuit, spearheaded by law firm Fox Williams on behalf of 49 institutional investors, highlights ongoing concerns about labor practices and transparency at the company.

The allegations date back to 2020 when a damning report by The Sunday Times exposed severe labor violations. Employees at Boohoo’s Leicester factories were reportedly paid a meager £3.50 an hour, well below the national minimum wage. They were forced to work under unsafe conditions, lacking access to essential personal protective equipment amid the COVID-19 pandemic. These claims were later substantiated by an independent review led by barrister Alison Levitt KC, intensifying the fallout from the exposé.

The new lawsuit asserts that Boohoo made misleading statements and failed to disclose critical information…

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