Frasers Group responded to the outcome of Boohoo’s Friday shareholder vote on Monday, after it saw the rejection of the proposed board appointments of Frasers’ Mike Ashley and restructuring expert Mike Lennon to the 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.

Frasers will propose a fresh candidate to join Boohoo's board, after the retailer's shareholders rejected the appointment of founder Mike Ashely last week.

Frasers Group has confirmed it will continue its coup against Boohoo's board despite the fashion retailer's shareholders rejecting its initial proposals.

British online fashion retailer boohoo announced in a statement released on Friday 13 December 2024 that Frasers' request for board representation at the company was a direct response to voting guidance issued by independent proxy advisors Glass Lewis and ISS advocating for a "against" vote on the resolutions at Boohoo's upcoming general meeting.

Shareholders of Boohoo Group have voted against the appointment of Frasers Group founder Mike Ashley and its proposed director, Mike Lennon, to the

Boohoo Group Plc shareholders rejected billionaire Mike Ashley’s bid for board representation at the online fashion retailer after weeks of public fighting.

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 - Frasers Group, which owns a 27% stake in Boohoo, had urged investors to appoint Mr Ashley and restructuring expert Mike Lennon.