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Tag: Corporate governance

Boohoo shareholders demand answers after shares plunge by a third | Business

Shareholders in Boohoo are seeking answers from the company over conditions for workers supplying its garments after the online fashion specialist’s shares plunged more than £1.5bn in two days. The company has lost nearly a third of its value since Friday afternoon after Boohoo said on Monday it was investigating claims that staff at one …

Boohoo shareholders demand answers after shares plunge by a third | BusinessRead More

Woolworths underpaid thousands of workers by up to $300m | Business

The supermarket giant Woolworths is to be investigated by the Fair Work Ombudsman in what is believed to be Australia’s biggest wage underpayment case after admitting it owes staff as much as $300m. Woolworths on Wednesday told the stock exchange it had so far identified 5,700 current staff it had underpaid for as much as …

Woolworths underpaid thousands of workers by up to $300m | BusinessRead More