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The online retailer faced criticism from investors last year over its long-term incentive scheme, which could see founders and directors paid up to £150million.
Boohoo has said it will link multimillion-pound bonuses for its directors with improvements in its supply chain following allegations of poor working conditions and corporate governance. The online retailer faced criticism from investors last year over its long-term incentive scheme, which could see founders and directors paid up to £150 million. Boohoo has said it will now link long-term bonuses to the implementation of its Agenda For Change programme after pressure from Parliament’s Environmental Audit Committee. The group’s annual report also revealed that total executive pay had slip...
Boohoo to link £150m bonus pot for directors to supply chain improvements (Getty Images for boohoo.com) Boohoo plans to link multimillion-pound bonuses for its directors with improvements in its supply chain following allegations of poor working conditions and corporate governance. The online retailer faced criticism from investors last year over its long-term incentive scheme, which could see founders and directors paid up to £150m. Executive pay The group’s annual report revealed that total executive pay had slipped as Boohoo’s chief secured a lower pay packet for the...
But on Saturday, the flagship Debenhams branch in Basingstoke will be closing its doors forever. The brand reopened last month for a final closing down sale, seeing stock sold off at rock-bottom prices. Shoppers have been travelling as far as Southampton to make the most of the deals. When The Gazette visited last week, the vast majority of stock had gone leaving the once-filled aisles bare and empty. Here is everything you need to know ahead of the store's closure on Saturday. Why is Basingstoke Debenhams closing? The brand has been having a tough time for the last couple of...
The push forms part of an ambitious strategy to re-establish Debenhams, which at its peak sold £550million of beauty, fashion and homewares a year.