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Animal rights group PETA US becomes a shareholder in Boohoo

Alice Ierace
21 March 2019

Animal rights group PETA US has taken shares in etailer Boohoo in a bid to influence it to restore a decision – which it later backtracked on – to ban the sale of products containing wool.

Last month, fast-fashion retailer Boohoo reversed its decision to ban the sale of products containing wool. The decision came after a backlash from the public and farmers and lead the group to issue a statement stating they would only use wool coming from good husbandry that meets high levels of animal welfare.

According to Peta, wool is one of the most environmentally damaging materials and sheep are often subjected to shocking and systemic cruelty. Today, it was announced that PETA US has become a shareholder in the company. This will enable it to attend the annual general meeting held later this year, speak to other shareholders and executives and call for the retailer to commit to banning wool. The move is part of PETA's campaign urging the global retailer to stand by its original decision to ban wool.

Yvonne Taylor, PETA Director of Corporate Projects, said: “It's time Boohoo Group proved that it's a real leader in global retail by standing by its compassionate initial decision to ban wool.

“As a shareholder, PETA US will be able to push the retailer's management to do the responsible thing for shareholders and animals alike by showing that no jumper or scarf is worth kicking, punching, and killing gentle sheep on the shearing floor."

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