Share Prices & Company Research

Market News

13 Jul 2020 | 07:40

Quiz suspends supplier over wage allegations

(Sharecast News) - Fast-fashion retailer Quiz said on Monday that it has suspended a supplier following allegations that one of its sub-contractors was not paying the National Minimum Wage. The company said it is investigating allegations made in The Times over the weekend, "which if found to be accurate are totally unacceptable".

Quiz said its initial review has found that one of its suppliers based in Leicester has used a sub-contractor in contravention of a previous instruction from the company and that this sub-contractor was not paying the NLW.

The Times reported at the weekend that workers at the Leicester factory were being paid as little as £3 an hour.

Quiz chief executive Tarak Ramzan said: "We are extremely concerned and disappointed to be informed of the alleged breach of National Living Wage requirements in a factory making Quiz products. The alleged breaches to both the law and Quiz's Ethical Code of Practice are totally unacceptable.

"We are thoroughly investigating this incident and will also conduct a fuller review of our supplier auditing processes to ensure that they are robust. We will update our stakeholders in due course."

Similar allegations were made against Boohoo earlier this month, sending shares in the Nasty Gal and PrettyLittleThing owner crashing and leading retailers such as Next and Asos to stop stocking the company's clothing.

Boohoo announced last week that it had commissioned a review of its UK supply chain following allegations over the treatment of workers in factories. The group instructed Alison Levitt QC, a barrister specialising in business crime, to lead an independent review to examine compliance with the minimum wage and Covid-19 rules, working hours, record keeping, right to work documents and employment contracts.



Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 15th January 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.