Boohoo auditor quits over corporate governance concerns

Boohoo Carol Kane and Maumud Kamani

According to the Financial Times, PwC has resigned from the role it has held since 2014, dealing a fresh blow to the business as it seeks to bounce back from a damaging modern slavery scandal. 

In a statement to the London Stock Exchange this morning, Boohoo said PwC was “still the group’s auditor at this time” but admitted that a tender process was under way to find a new auditor. 

Boohoo confirmed that PwC “is not participating in this process”. 

 

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