Boohoo’s ethical misdemeanours have not translated to poor sales or share price growth. But could the environmental and social concerns raised by the company’s recent enquiry have repercussions across the garment industry?
Intrigued by the consequences of Boohoo’s recent legal issues, we have spoken to a lawyer who poses several questions for both investors and companies in the fashion sector. And we have put those questions to several retailers as we attempt to uncover how big the social and environmental cost of fast fashion really is.
In this podcast, we’ll discuss the issues which have led to the Boohoo legal enquiry and the outlook for consumers, companies and investors in the sector.
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Following the initial Sunday Times revelations of a scandal in Leicester’s factory’s John Hughman questioned how Boohoo could ever have been included in ethical funds.