Crime19 Oct 2020 10:06
This is *really* about the auditors though, is it? It's the fact that crime is rife in their Leicester supply chain and the implication that boohoo just HAD to know something about it, and if they didn't, why not?
That's the background worry and then you have pwc not retendering and it begins to look like a reality. Influencers, advertiser's, sellers, institutional investors, etc don't want to be associated with this sort of rubbish so expect selling and statements saying they will distance themselves until "the full story is known". Can only see bad news to come over the next few weeks, as I already said a couple of weeks ago and it is proving true today