Member Info for Zebudee

Three textile firms in Leicester are issued with enforcement notices by Health and Safety Executive after they were found to be breaching Covid-19 control measures
https://www.dailymail.co.uk/news/article-8553403/Three-textile-firms-Leicester-issued-enforcement-notices-Health-Safety-Executive.html

HSE said it had seen no evidence of bad enough cases to warrant a prosecution
https://www.dailymail.co.uk/news/article-8553403/Three-textile-firms-Leicester-issued-enforcement-notices-Health-Safety-Executive.html

Three textile firms in Leicester are issued with enforcement notices by Health and Safety Executive after they were found to be breaching Covid-19 control measures
Inspectors have carried out 51 factory visits, including 34 'spot-checks' on firms
HSE issued notices at nine sites, three for not applying adequate Covid controls
HSE said it had seen no evidence of bad enough cases to warrant a prosecution
The organisation gave a breakdown of inspections and what, if any, action take
https://www.dailymail.co.uk/news/article-8553403/Three-textile-firms-Leicester-issued-enforcement-notices-Health-Safety-Executive.html

Not recent but some interesting statistics:
https://www.boohooplc.com/sites/boohoo-corp/files/all-documents/result-centre/2020/q1-trading-update-2020.pdf

PROGRESS WITH NEW TECHNOLOGY
LEICESTER – Fast fashion brand Boohoo has reportedly acquired a former Vauxhall dealership in the UK city of Leicester, which it will transform into a highly-automated garment factory.

It’s said that the Manchester brand bought the site before it became embroiled in allegations that supply chain workers were tasked with operating at full capacity throughout the pandemic for as little as £3.50, which it denies any link to.

Though yet to secure planning permission, Boohoo has reiterated that its sourcing strategy will continue to rely on British suppliers – which provide quick turnaround times – but that automated manufacturing solutions could become much more prevalent.
https://www.ecotextile.com/2020072426418/materials-production-news/new-boohoo-site-in-leicester-linked-with-automation.html

Fashion and Retail-Related Bankruptcies
Here is a look at some of the most recent fashion-related filings, as well as some significant ones dating back a bit further.
https://www.thefashionlaw.com/retail-woes-a-bankruptcy-timeline/

The company’s existing head office in Manchester is set to expand and in the process create 200 new jobs.
https://www.rli.uk.com/prettylittlething-to-expand-hq/

Missguided’s shoppers will now be able to collect and return items of clothing using InPost’s 24/7 self-serve parcel lockers which are found throughout the country at train stations and supermarkets, among other places.
https://fashionunited.uk/news/retail/missguided-partners-with-inpost-to-expand-click-and-collect-service/2020072249952

Recent history has shown that shoppers have short memories, and often return to fast-fashion sites because they can’t resist the social media buzz — and a good bargain.
https://wwd.com/business-news/retail/boycott-boohoo-or-bargains-1203681953/

The fast fashion etailer, founded by chief executive Umar Kamani, wants to build a 10,000 sq ft extension to its Wellington Mill headquarters in Ancoats, Manchester. The project would enable the business to accommodate around 200 additional staff.
https://www.drapersonline.com/news/prettylittlething-to-expand-hq

Hopefully when Boohoo gets that state of the art leicester textile factory of their up and running, they will lead the way in this sector for fair pay anx standards. Leicester needs the jobs aswell.

It doesnt supprise me that H&M are named in that article about slave labour yarn factories in China. H&M have historically been known for it. Click my user name and see my previous posts about Nike and H&M sweat shops.

https://www.youtube.com/watch?v=MN9_YKmp6WQ&list=TLPQMjIwNzIwMjCCEa680j5QKg&index=1

https://www.entrepreneur.com/article/343355

https://www.digitalcommerce360.com/article/coronavirus-impact-online-retail/

https://www.dailymail.co.uk/news/article-8548063/Vacant-high-street-shops-converted-800-000-new-homes.html

nice rise today. looking forward to 280

Nearly at 270 and then beyond

https://www.youtube.com/watch?v=hz7sXSsELSY

Chart is showing higher lows and higher highs, so still on an upward trajectory. Looks good