Boohoo Group has bought ailing department store Debenhams, while Asos confirmed it is in talks to acquire Topshop. Why are new digital players targeting fading high street labels?

A cluster of high-profile scandals over working conditions have revealed the extent to which fashion’s efforts to improve standards in its supply chain are failing. Here’s how things need to change.

The Manchester-based group has raised £198 million for new M&A opportunities, in a private placing that’s left the company with around £500 million in cash.