Management at Boohoo say they have brought in a senior lawyer to review its 海角视频 supply chain after allegations of poor conditions and low pay in factories where its clothes are made.
The board said it was "shocked and appalled" by the recent allegations, after the Sunday Times sent an undercover reporter to work at a garment factory in Leicester.
The Manchester-based group - whose brands include Boohoo, BoohooMAN, PrettyLittleThing and Nasty Gal - has seen its market value take a battering in recent days, with £1 billion wiped off its share value.
READ MORE: {}
Its share price has dropped from around £4.06 a week ago to £2.57 this morning.
It has appointed Alison Levitt QC to look into the supply chain in the 海角视频 and promised to rebuild the battered reputation of clothes makers in Leicester.
It comes after Next and Asos have dropped Boohoo clothing from their websites following the claims.
The Sunday Times article alleged that workers in a Leicester factory making clothes destined for Boohoo were being paid as little as £3.50 an hour.
Other online retailers, including Zalando and Very.co.uk, have also temporarily suspended the sale of Boohoo items.
Most Read
A spokesman for Next said the fashion giant stopped selling items from Boohoo brands last week after campaign group Labour Behind The Label first raised concerns.
The spokesman said: "Next concluded there is a case for Boohoo Group to answer.
"Next needs to prove to itself the two Boohoo Group labels that it was stocking are being sourced in a manner that is appropriate and acceptable to Next.
"Next therefore has its own investigation under way to ascertain whether they are being made in a way that Next does not approve of."
Boohoo sells its products through a variety of third-party sites, although it is understood that wholesale revenues represent a small fraction of sales, with the company's recent strategy focusing on acquiring new online brands and platforms.
The retailer, which had seen its share price more than double since lockdown began, said on Monday that it will end relationships with any supplier it finds to have broken its code of conduct.
It is understood that Asos has temporarily suspended its trading relationship with Boohoo brands until the group has completed its investigations and is able to provide assurances over its supply chain.
Don’t miss
Berlin-based Zalando said it delisted around 300 products made by Boohoo Group on Tuesday.
A spokeswoman for the company said: "During the coronavirus crisis, the health and safety of our employees has remained of utmost importance to Zalando.
"We adjusted to this "new normal" with strict preventative measures to keep all employees safe while staying open for business.
"We expect our partners to apply similar fundamental priorities and will distance ourselves from those who don't."
In a statement, Boohoo management said: "As a board, we are shocked and appalled by the recent allegations that have been made and we are committed to doing everything in our power to rebuild the reputation of the textile manufacturing industry in Leicester.
"We want to ensure that the actions of a few do not continue to undermine the excellent work of many suppliers in the area, who succeed in providing good jobs and good working conditions.
"We take extremely seriously all allegations of malpractice, poor working conditions, and underpayment of workers.
"The group will not tolerate any incidence of non-compliance with its code of conduct or any mistreatment of workers, and will not hesitate to terminate relationships with any supplier who does not comply."