Business
Publication of and response to Independent Review
Publication of and response to Independent Review.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1166A\n boohoo group plc\n 25 September 2020\n \n \n \n \n For Immediate release 25 September 2020\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 \n \n \n boohoo group plc\n \n \n \"An agenda for change in UK garment manufacturing\"\n \n \n \n \n \n On 8 July 2020 the Board (the \"Board\") of boohoo group plc (\"boohoo\" or the \"Group\"), announced that it was undertaking an Independent Review (the \"Independent Review\") of its UK supply chain. Alison Levitt QC was appointed to conduct the Independent Review, the purpose of which has been to consider boohoo's obligations and duties of care in relation to the workforce in its Leicester supply chain.\n \n \n The Independent Review is now complete and was delivered to the Board on 24 September 2020. In line with the Group's commitment to increase transparency, today we are publishing the review in full on our PLC website.\n \n \n Review scope\n \n \n The scope of the review was to:\n \n \n 1. consider whether the allegations about working conditions and low pay are well-founded; and if they are;\n \n \n 2. consider the extent to which boohoo monitored its Leicester supply chain and had knowledge of the allegations;\n \n \n 3. consider the Group's compliance with the relevant law; and\n \n \n 4. make recommendations for the future.\n \n \n Ms Levitt's Independent Review has identified many failings in the Leicester supply chain and recommended improvements to boohoo's related corporate governance, compliance and monitoring processes. It goes on to state that there is ample evidence that the steps which Boohoo is now taking in relation to remedying problems in its Leicester supply chain had been implemented nearly a year ago. They were a product of processes it had itself put in place and not just a reaction to the negative publicity in July and August 2020. Nevertheless, with the benefit of hindsight we regret that these processes did not advance quickly enough.\n \n \n Ms Levitt is satisfied that b...