Frasers founder Mike Ashley fails to win seat on Boohoo board
British retail tycoon Mike Ashley has failed in his attempt to be appointed to the board of Boohoo after shareholders in the struggling online fast-fashion group voted against the move.
Boohoo shareholders reject Frasers Group bid to take control of board
Derbyshire-based Frasers, which includes the Sports Direct brand and is the biggest boohoo stakeholder with a 28.1% shareholding, wanted to unseat boohoo co-founder and executive chairman, Mahmud Kamani, and install Mike Ashley and Mike Lennon on the board.
Boohoo shareholders reject Mike Ashley’s attempt to join board
A total of 64 per cent of votes cast went against proposals to give Ashley and his business associate, Mike Lennon, seats on the Boohoo board following a meeting on Friday. The results come after weeks of barbed exchanges between Ashley’s Frasers Group,
Boohoo will give Frasers one board seat but not to Mike Ashley
British online fashion retailer Boohoo said on Friday it was willing to offer its largest shareholder Frasers one board seat if it put forward an "appropriate candidate" other than current nominees Mike Ashley and Mike Lennon.
Boohoo Investors Reject Mike Ashley’s Push for Board Seats
Boohoo Group Plc shareholders rejected billionaire Mike Ashley’s bid for board representation at the online fashion retailer after weeks of public fighting.
Billionaire Mike Ashley Fails In Bid To Join Boohoo Board
Sportswear tycoon Mike Ashley has failed to convince a majority of Boohoo’s shareholders to support his bid to join the board of the fast-fashion retailer.
Boohoo shareholders vote against Mike Ashley - as fast fashion soap opera continues
Frasers Group's attempts to put Mike Ashley on the board of struggling online retailer Boohoo have resoundingly failed.
Boohoo shareholders deny Mike Ashley seat on board after boardroom battle
Boohoo shareholders deny Mike Ashley seat on board after boardroom battle - Frasers Group, which owns a 27% stake in Boohoo, had urged investors to appoint Mr Ashley and restructuring expert Mike Lennon.
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