LEICESTER - Campaigners for garment workers' rights have renewed their calls for government action after fast fashion retailer Boohoo reported a massive increase in profits despite the controversy over conditions in its Leicester supply factories.
The Boohoo Group's pre-tax profits soared by 51 per cent year-on-year to £68.1 million (US$87.5m) in the six months to the end of August, while revenues rose 45 per cent to £816.5 million (US$1.050bn).
The results were announced within days of the publication of Alison Levitt QC's inquiry which found significant ‘failings’ in Boohoo's UK supply chain and called for improvements to its corporate governance, compliance and monitoring processes.
