LEICESTER – Campaigners have been putting pressure on fast fashion company Boohoo over the high salaries paid to executives in comparison with the wages historically earned by garment workers in the company’s supply chain.
Members of the Labour Behind the Label initiative posed questions to the board of Boohoo at the company’s annual general meeting where more than a third of shareholders who voted opposed the group’s remuneration report.
The report revealed that Boohoo CEO John Lyttle was paid almost £1.4 million (US$1.7m) last year after he was awarded a bonus despite missing targets. Co-founders Mahmud Kamani and Carol Kane did not take any bonus.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
