Frasers Group says appointment of Boohoo boss shows ‘disregard’ for shareholders
Mike Ashley’s Frasers Group has hit back after its attempt at a boardroom takeover of Boohoo was snubbed late last week, calling the move an “utter disregard” for shareholders.In a November 6 letter,
UK's Frasers urges Boohoo to seek shareholder approval before asset sales
Frasers , the top investor in Boohoo , issued an open letter on Wednesday to the British online fashion retailer, urging it to refrain from any asset disposals without prior shareholder approval.
Frasers Group seeks shareholder approval for sale of Boohoo assets
Frasers Group has sent another open letter to Boohoo Group Plc, this time demanding shareholder approval before the company sells assets. The company, led by Mike Ashley, accuses Boohoo of ignoring the interests of shareholders. Frasers Group demands shareholder approval before Boohoo sells assets.
Frasers Challenges Boohoo’s CEO Appointment and Asset Strategy
Frasers criticises Boohoo for 'rushed' CEO appointment, challenges asset sale strategy without shareholder approval.
Frasers presses Boohoo to 'publicly confirm' no asset sales without shareholder nod
(Reuters) -Billionaire Mike Ashley-owned Frasers, the top investor in Boohoo, has urged the British online fashion retailer to "publicly confirm" that no asset disposals are conducted without prior shareholder approval.
Frasers Group Asks Boohoo Not Make Any Disposals of Its Assets
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Companies1h
Frasers threatens legal action as Boohoo board brushes off shareholder demands
Frasers accuses Boohoo’s board of “disregard” for shareholders after a “rushed” CEO appointment and demanded no asset sales without approval.
Boohoo names Finley as CEO against Frasers demand to pick Mike Ashley
British online fashion retailer Boohoo on Friday appointed Dan Finley as its new CEO, effective immediately, in a blow to top ...
The UK5h
Frasers accuses boohoo is desperation in new open letter
The spat between retail giant Frasers Group and boohoo has escalated after the Shirebrook firm published an open letter on Wednesday (November 6) accusing its rival of “desperation”, while revealing ...
Wall Street Journal6d
Boohoo Names Debenhams Boss as New CEO in Snub to Mike Ashley
Boohoo named Debenhams boss Dan Finley as its next chief executive officer, spurning major shareholder Frasers’ attempt to ...
Financial News7h
Frasers’ Concerns Over Boohoo’s Strategic Moves
Frasers demands Boohoo seek shareholder approval before asset sales, criticising Boohoo's decisions as desperate amid leadership crises.
Boohoo Snubs Mike Ashley
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Opinion
Voices: What could be better than reviving Boohoo? Bring back Topshop instead!
COMMENT: The fast-fashion retailer that boomed during the pandemic has fallen on hard times, and hopes Sports Direct founder Mike Ashley can rescue it – but, says Emma Clarke, there’s another British ...
Financial News1d
Boohoo’s Leadership Changes Stir Shareholder Discontent
Boohoo appoints Dan Finley over Mike Ashley as CEO, sparking tension with shareholders amid strategic challenges.