About: http://data.cimple.eu/news-article/98d23fcc0bafed85fca7d3689c1b1024624eca56043eb61db8948c20     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Shares in UK online clothes retailer Boohoo slid Tuesday on a report that it could face a US import ban over labour abuse allegations, which the firm has denied. Sky News reported that US Customs and Border Protection had launched a probe into allegations from Liberty Shared, a non-governmental organisation which campaigns against modern-day slavery. The report sent Boohoo shares sliding 4.6 percent to 328.90 pence in afternoon London trading and follows other allegations of staff mistreatment by the group. However, Boohoo said in an official statement to that it was not aware of any investigation by US authorities. "The group is confident in the actions it is taking to ensure that all of its products meet the US Customs and Border Protection criteria on preventing the product of forced labour entering the US, or any of its markets," it said. The firm said it continues to fulfil orders to customers in the US across all of its brands and said it would work with any competent authority to provide assurance that products from its supply chain meet the required standards. Boohoo added that it had worked closely with UK enforcement bodies over the last eight months over other matters relating to alleged mistreatment. Boohoo was last year hit by allegations that one of its suppliers in England paid workers much less than the national minimum wage. It has also been investigating a report that its suppliers were underpaying workers in Pakistan. On the US ban report, it said: "If the group were to discover any suggestion of modern-day slavery it would immediately disclose this to the relevant authorities." Boohoo has been in the headlines recently owing to its purchase of brands belonging to collapsed UK retail giants. Since the start of the year, it has bought key fashion brands Burton, Wallis and Dorothy Perkins from Arcadia. It has also snapped up the intellectual property assets of collapsed UK department store Debenhams, allowing it to use its brand going forward. Both Arcadia and Debenhams had struggled to compete with online fashion brands like Boohoo long before the Covid pandemic and subsequent lockdowns forced their eventual collapse. jbo-rfj/bcp/rl
schema:headline
  • Shares in UK retailer Boohoo slide on US ban report
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software