New Debenhams owner Boohoo posts 37% jump in profits amid online surge

In September, Boohoo accepted all the recommendations of an independent review that found major failings in its supply chain in England after newspaper allegations about working conditions and low pay in factories in the Leicester area.
British online fashion retailer Boohoo reported a 37% jump in annual core earnings, benefiting from the rise in digital shopping during the Covid-19 pandemic and weathering the negative publicity over its supply chain failings.
In September, Boohoo accepted all the recommendations of an independent review that found major failings in its supply chain in England after newspaper allegations about working conditions and low pay in factories in the Leicester area.