Boohoo publishes list of international supplies amid transparency push

Boohoo yesterday published a list of over 1,000 of its international suppliers to encourage transparency amid a review into is logistics network practises.

The review, headed up by Sir Brian Leveson, was commissioned to oversee the overhaul of the company’s logistics practises after a string of allegations over poor working conditions.

Boohoo responded by hiring Leveson and promised to make its group of suppliers public within 12 months of the review.

The review constructed 17 recommendations which were broken down into 34 deliverables as part of the Agenda for Change.

The fast-fashion retailer has said it has achieved 28 of the 34 recommendations put forward by the review, which is governed by KPMG.

It expects to complete the next over the coming months.

“To such extent as Boohoo can seek to address and resolve these issues, aimed at assisting the workforce of their suppliers, they are making very real effort to do as much as possible,” Leveson commented.

READ MORE: Asos and Boohoo saw £5bn sales growth last year amid record online sales

“In some cases, it is clear that this work is beyond what could be considered as reasonably to have been expected of them: a number of proposals and actions go beyond that which were recommended in the Review.

“In the ultimate, however, the challenge in relation to the development and enforcement of ethical trading is not one that Boohoo faces or can face alone and changes to the way in which the regulatory regime is enforced will be essential.

“I do not seek to minimise the responsibility of the Group or the impact that boohoo can have but it is abundantly clear that the issues are far wider than any one retailer.”

The fashion giant has said it will also publish half-year results which expect to show that sales are strong within the brands it owns, which include Oasis, Karen Millen, Dorothy Perkins, Wallis, Burton and Debenhams.

Equity research firm Jeffries added: “While no specific detail has been provided, we assume that, like the UK, the mapping process has resulted in supplier consolidation and cost prices have been protected.”

“We see the publication of the international factory list as another encouraging step for BOO, progressing its ESG credentials, and meeting the targets laid out in the Agenda for Change plan.”

Click here to sign up to Charged’s free daily email newsletter

NewsSupply Chain

RELATED POSTS

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

Menu