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Boohoo action on exploitation claims ‘inadequate’

Boohoo

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Boohoo

One of Boohoo’s largest shareholders is dumping stock in the fashion firm after it said the company had failed to address concerns about working conditions at a supplier.

Standard Life Aberdeen criticised Boohoo’s response to exploitation claims as “inadequate in scope, timeliness and gravity”.

Allegations of poor pay and conditions at a factory emerged last weekend.

Boohoo has since announced an independent review of its supply chain.

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