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Boohoo’s Tailspin Wipes Out $2.5 Billion in Market Value

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Boohoo’s stock, both fiscal and reputational, continued to plunge over the weekend as revelations emerged tying one of the ultra-fast-fashion brand’s co-founder to a factory accused of perpetuating poverty wages, endangering workers during a pandemic and contributing to a localized spike in coronavirus cases in Leicester, England. The Guardian reported Friday that the factory, which…

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