Shares in Boohoo slumped by more than 16% on Wednesday amid continued backlash against the fashion company over allegations of poor conditions for workers and little protection from COVID-19, and as Amazon.com became the latest online retailer to remove the company’s products from its site.
The online fashion company said on Wednesday that it will launch an immediate independent review of its U.K. supply chain, following allegations that some garment factories in Leicester paid workers below the minimum wage and failed to protect them from coronavirus.