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Fast-fashion giant Boohoo has bought department store chain Debenhams for $75 million — but the deal won’t save the chain’s 118 stores

Boohoo has bought Debenhams’ brand and website for £55 million ($US75 million). Debenhams’ 118 stores will still close, which leaves 12,000 jobs at risk. The purchase will allow Boohoo to enter new markets while trying to cash in on the e-commerce boom. Visit Business Insider’s homepage for more stories. Fast-fashion […]
Fast-fashion giant Boohoo has bought department store chain Debenhams for $75 million — but the deal won’t save the chain’s 118 stores
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Fashion companies have cancelled or refused to pay for $16.2 billion of orders during the pandemic, costing textile workers $1.6 billion in wages, a report found

Garment suppliers lost around $US16.2 billion in orders from the US and Europe in just three months, a report from workers rights groups said. Brands either cancelled orders or delayed payments for existing orders, sometimes indefinitely, the groups found. This led to about $US1.6 billion in lost wages for factory […]
Fashion companies have cancelled or refused to pay for $16.2 billion of orders during the pandemic, costing textile workers $1.6 billion in wages, a report found
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Fast fashion giant Boohoo ignored red flags over working conditions among suppliers and often has ‘no idea where its clothes are being made,’ an independent review found

An independent review into fast fashion giant Boohoo’s supply chain found “multiple failings” over pay and working conditions. Boohoo, which faced allegations of “modern slavery” in its supply chain in June, ignored red flags, the review found. Multiple textile factory workers claimed to be paid less than the minimum wage, […]
Fast fashion giant Boohoo ignored red flags over working conditions among suppliers and often has ‘no idea where its clothes are being made,’ an independent review found
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Local lawmakers dismiss claims that fast-fashion factories are linked to a UK city COVID-19 spike — but an expert says these businesses are coronavirus hotspots

Textile factories in a UK city have come under investigation after reports surfaced that employers were putting workers at risk of COVID-19 infection. A workers’ rights group said the conditions likely contributed to a fresh wave of infections in the city. While the local government said there is “no evidence” […]
Local lawmakers dismiss claims that fast-fashion factories are linked to a UK city COVID-19 spike — but an expert says these businesses are coronavirus hotspots