Underpayment of Workers at Leicester Warehouse Raises Concerns
- Quiz suspends supplier over non-compliance allegations
- Alleged underpayment of workers at a Leicester warehouse
- Retailer investigating and reviewing auditing processes
- Independent third-party partner to audit suppliers in the region
Fashion retailer Quiz has suspended a supplier following allegations of non-compliance with National Living Wage requirements in a Leicester warehouse. The Times conducted an undercover investigation, revealing that factory workers were offered as little as £3 per hour to make Quiz-branded clothes. Quiz is now investigating the claims and plans to appoint an independent third-party partner for regular audits of suppliers in the region. Additionally, the company will conduct a full review of its current auditing processes to ensure compliance with its Ethical Code of Practice throughout the supply chain. This comes after Boohoo launched an independent review of its own supply chain following similar allegations.
Factuality Level: 8
Factuality Justification: The article provides accurate information about Quiz’s response to the allegations of non-compliance with National Living Wage requirements and their plans for auditing processes. It also mentions Boohoo’s similar situation as a comparison.
Noise Level: 3
Noise Justification: The article provides relevant information about an investigation into alleged non-compliance with National Living Wage requirements at a Quiz supplier’s factory and the company’s response to the situation. It also mentions a related incident involving Boohoo, another fashion retailer. The article stays on topic and supports its claims with evidence from The Times investigation.
Financial Relevance: Yes
Financial Markets Impacted: Quiz and potentially other fashion retailers’ stocks may be impacted
Financial Rating Justification: The article discusses financial relevance as it involves a company, Quiz, which is a fashion retailer, facing allegations of non-compliance with National Living Wage requirements at one of its suppliers. This could have an impact on the company’s reputation and potentially its stock price. The mention of other retailers like Boohoo also suggests that the issue may affect the entire industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event mentioned in the text. The article discusses allegations of non-compliance with National Living Wage requirements in a supplier’s factory, but it does not have significant impact on society or economy.
www.retailsector.co.uk 
