Fast Fashion Giant Boohoo Dropped By Next, Asos And Zalando Over Low Pay And Unsafe Conditions In Leicester Factory

Image Courtesy of PXHere

Following a Sunday Times report on a Boohoo supplier where it was alleged that pay was 60% below the national minimum wage, and where workers had little or no protection against coronavirus, three major online retailers have dropped the brand’s products.

Next, ASOS and Zalando took this action because they believe that, despite Boohoo’s denial, they had a serious case to answer.

As a result Boohoo’s shares dropped a further 12% in Tuesday trading, making them worth little more than 70% of the value they had on Friday.

The company, which also owns the Nasty Gal and PrettyLittleThing brands, has denied any responsibility but said it would "thoroughly investigate" the claims.

In a statement it said: "We will not hesitate to immediately terminate relationships with any supplier who is found not to be acting within both the letter and spirit of our supplier code of conduct."

All the online retailers said that the ban would remain until the findings of the Boohoo investigation were known.