A few days ahead of the sports retailer, Sports Direct’s annual meeting, the Trade Union Share Owners (TUSO) which groups pension funds of several British trades unions has ramped up pressure on the retailer over working conditions and is calling for the chairman to be removed. The TUSO has for the first time joined forces with other shareholders in targeting the retailer over its widespread use of zero-hours contracts and much reported negative social practices.
Just a few days before Sports Direct’s annual meeting, the TUSO drew its battle lines in raising the alarm over working conditions at the retailer and especially its extensive use of zero-hours contracts, and in an unprecedented move, together with other shareholders has called for the current chairman to be removed. The British retailer’s annual general meeting is set for Wednesday 09 September and the TUSO has sent a letter to the company’s 20 major shareholders asking them to vote against ch
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