We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBrown Group Share News (BWNG)

Share Price Information for Brown Group (BWNG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.55
Bid: 14.10
Ask: 16.00
Change: 0.35 (2.46%)
Spread: 1.90 (13.475%)
Open: 14.95
High: 15.00
Low: 14.55
Prev. Close: 14.20
BWNG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK lawmakers, retailers call for action to prevent garment workers' exploitation

Mon, 20th Jul 2020 00:01

LONDON, July 20 (Reuters) - A group of 50 British lawmakers,
retailers such as Marks & Spencer and New Look, and investors
and NGOs called on Monday for urgent action to prevent the
exploitation of garment factory workers in the United Kingdom.

Their joint letter, coordinated by industry lobby group the
British Retail Consortium (BRC) and addressed to interior
minister Priti Patel, asked for the introduction of statutory
licensing of garment factories to ensure they all meet their
legal obligations to employees.

The letter was published following recent media reports of
workers being paid below the minimum wage, not being supplied
with personal protection equipment (PPE) and working in unsafe
conditions.

Britain's minimum wage is 8.72 pounds ($10.95) for people
over 25 years old and 8.20 pounds for people aged 21 to 24.

The BRC said it and its members have long been calling for
greater enforcement by the authorities to support the actions
retailers are taking to ensure fair treatment of workers and to
enourage businesses to invest in UK fashion manufacturing.

"Recent reports in the media demonstrate the urgent need for
action before more workers are needlessly taken advantage of,"
said BRC chief executive Helen Dickinson.

The letter said the proposed licencing scheme would protect
workers from forced labour and mistreatment, ensure payment of
taxes and create a level playing field for businesses to compete
fairly by preventing rogue manufacturers undercutting prices.

It would also encourage retailers to source their clothing
from the UK, supporting the development of the industry.

Retailer signatories include ASOS, Walmart
owned Asda, M & S, Morrisons, N Brown,
Joules, New Look, River Island and Matalan.

Online fashion retailer Boohoo was not a signatory.
It wrote its own letter to Patel on Friday backing a licensing
scheme.

"We fully support the proposals of the BRC and others on the
need to implement statutory licensing of garment factory owners
and managers," said a Boohoo spokesman.

Investor signatories include Allianz Global Investors,
Columbia Threadneedle Investments, Fidelity International,
Jupiter Asset Management and Schroders Investment Management.
($1 = 0.7962 pounds)
(Reporting by James Davey
Editing by Alexandra Hudson)

More News
26 May 2021 16:25

Director dealings: N Brown director makes share purchase

(Sharecast News) - N Brown revealed on Wednesday that non-executive director Joshua Alliance had acquired 7.37m ordinary shares in the London-listed online retailer.

Read more
26 May 2021 14:51

DIRECTOR DEALINGS: N Brown non-exec buys again; Trainline chiefs buy

DIRECTOR DEALINGS: N Brown non-exec buys again; Trainline chiefs buy

Read more
20 May 2021 20:23

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

Read more
20 May 2021 09:18

N Brown profit slumps but revenue returns to growth

(Sharecast News) - N Brown's annual profit almost halved as income fell during the pandemic but the clothing and homewares retailer said product revenue had returned to growth.

Read more
24 Mar 2021 14:38

EXECUTIVE CHANGES: Experian appoints Sage Group CFO as non-executive

EXECUTIVE CHANGES: Experian appoints Sage Group CFO as non-executive

Read more
25 Feb 2021 19:04

EXECUTIVE CHANGES: N Brown Gets New Chair Amid Board Reshuffle

EXECUTIVE CHANGES: N Brown Gets New Chair Amid Board Reshuffle

Read more
25 Feb 2021 09:38

N Brown chairman Matt Davies to step down

(Sharecast News) - Clothing retailer N Brown said on Thursday that chairman Matt Davies will step down with effect from 31 March, to be succeeded by Ron McMillan.

Read more
15 Feb 2021 17:56

IN BRIEF: N Brown Non-Executive Joshua Alliance Buys More Shares

IN BRIEF: N Brown Non-Executive Joshua Alliance Buys More Shares

Read more
15 Feb 2021 15:41

Director dealings: N Brown director ups stake

(Sharecast News) - N Brown Group revealed on Monday that non-executive director Joshua Alliance had snapped up 3.36m ordinary shares in the FTSE 250-listed clothing retailer.

Read more
15 Feb 2021 09:40

BROKER RATINGS: Bernstein Lifts Reckitt; Liberum Cuts Moneysupermarket

BROKER RATINGS: Bernstein Lifts Reckitt; Liberum Cuts Moneysupermarket

Read more
15 Feb 2021 08:13

LONDON BRIEFING: Pound Up As Vaccine Goal Reached But Pubs Suffering

LONDON BRIEFING: Pound Up As Vaccine Goal Reached But Pubs Suffering

Read more
12 Feb 2021 14:27

IN BRIEF: N Brown Non-Executive Alliance Buys GBP5 Million In Shares

IN BRIEF: N Brown Non-Executive Alliance Buys GBP5 Million In Shares

Read more
17 Jan 2021 19:56

Sunday share tips: N Brown, Foxtons

(Sharecast News) - The Financial Mail on Sunday's Midas column touted a raft of shares which it expected would benefit from the fight against obesity as well as the associated, and sometimes fatal, health risks.

Read more
15 Jan 2021 11:21

UK WINNERS & LOSERS SUMMARY: Indivior Rises After Raising Guidance

UK WINNERS & LOSERS SUMMARY: Indivior Rises After Raising Guidance

Read more
15 Jan 2021 10:48

Jacamo Owner N Brown In Sales Fall; Warns On Lockdown And Stock Delays

Jacamo Owner N Brown In Sales Fall; Warns On Lockdown And Stock Delays

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.