Business
Independent review of UK supply chain
Independent review of UK supply chain.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 3701S\n boohoo group plc\n 08 July 2020\n \n \n \n \n \n \n \n For Immediate Release\n \n \n \n 8 July 2020\n \n \n \n \n \n \n The information contained within this announcement is deemed by the company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n \n boohoo group plc\n \n \n (\"boohoo\" or \"the Group\")\n \n \n Independent review of UK supply chain \n \n \n As a board, we are shocked and appalled by the recent allegations that have been made and we are committed to doing everything in our power to rebuild the reputation of the textile manufacturing industry in Leicester. We want to ensure that the actions of a few do not continue to undermine the excellent work of many suppliers in the area, who succeed in providing good jobs and good working conditions. To support this, we are:\n \n \n · \n launching an immediate independent review of our UK supply chain, led by Alison Levitt QC\n \n \n · \n making an initial commitment to invest an incremental £10 million to eradicate supply chain malpractice\n \n \n ·\n accelerating our independent third party supply chain review with ethical audit and compliance specialists, Verisio and Bureau Veritas\n \n \n We take extremely seriously all allegations of malpractice, poor working conditions, and underpayment of workers. The Group will not tolerate any incidence of non-compliance with its Code of Conduct or any mistreatment of workers, and will not hesitate to terminate relationships with any supplier who does not comply. \n \n \n We would welcome the opportunity to work with the Home Secretary and the local authority on any future investigations to help eliminate any instances of labour malpractice in Leicester.\n \n \n Update on investigation into media commentary\n \n \n As soon as the Group was made aware of the allegations of mistreatment of garment workers by our third party suppliers, as detailed in the 6 July announcement, an immediate investigation was launched.\n \n \n Our findings show some inaccuracies with last Sunday's media report. The garments featured were not actually manufactured in Leicester, but in Morocco. Post produ...