Mike Ashley has launched another broadside against Boohoo, alleging that the retailer is paying $2.5 million each year in undisclosed fees to the cofounder’s son.
Boohoo investors reject bid from Frasers to remove co-founder - The online fast fashion firm said 63% of investor votes cast ...
The latest letter said that Mr Ashley and Mr Lennon were the “best and most credible path to profits” and that rejecting the proposal at the Dec 20 meeting would “only result in further ...
British online fashion retailer Boohoo said today it was willing to offer its largest shareholder Frasers one board seat but would not recommend the appointment of Mike Ashley and Mike Lennon ...