Fashion
The British online fashion retailer Boohoo is taking over the remaining brands of the bankrupt retail group Arcadia. Asos previously bought the biggest brands.
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Things are moving on the British fashion market. Online fashion platform Boohoo is taking over Debenhams but is leaving the stores for what they are. In the meantime, Asos is ogling Arcadia.
Topshop parent Arcadia has a prospective buyer: G-III Apparel, owner of Tommy Hilfiger and Guess among others, is said to be bidding for the bankrupt British fashion empire.
Boohoo admits that several 'unacceptable' abuses have been discovered in the fashion group's supply chain. This is evident from its own investigations into allegations of slavery.
Boohoo is going through the dust now that the British fashion brand is accused of slavery in a factory. Large online retailers such as Asos and Zalando immediately stopped the collaboration.
PETA has bought its way into two major clothing companies: Boohoo and Levi's. The animal rights organisation intends to pressure management and put animal welfare on the agenda.
