Boohoo Shareholders Reject Frasers’ Bid to Remove Founder Mahmud Kamani From Board
More than 63% of shareholders voted against a proposal by Frasers Group to remove the online fashion retailer’s founder and executive vice chair, Mahmud Kamani, from the board.
Boohoo shareholders reject top investor Frasers' attempt to remove co-founder Kamani
Frasers Group, owned by British retail tycoon Mike Ashley, has failed to oust Boohoo's co-founder Mahmud Kamani from the board after the fast-fashion group's shareholders voted against the move on Tuesday.
Frasers Calls on Boohoo to Provide Umar Kamani's Consultancy, Remuneration Information
Frasers Group is calling on Boohoo Group to provide full details of Umar Kamani's consultancy arrangement and remuneration, citing governance practices and a lack of material arrangements transparency.
Boohoo shareholders vote against Frasers' proposal to remove co-founder
The shareholders of Boohoo Group have voted against a proposal to remove co-founder, Mahmud Kamani, as a director of the fast fashion company. A total of
Boohoo shareholders reject Frasers’ Kamani oust bid
Boohoo Group's shareholders have voted down a motion proposed by fashion conglomerate Frasers Group aimed at ousting the online fashion retailer's co-founder and group executive vice chair Mahmud Kamani.
Frasers Group fails to remove Mahmud Kamani from Boohoo board
Boohoo investors cast 63.2 per cent of votes against a resolution calling for Mahmud Kamani to be removed as a director of the online fashion retailer at a general meeting in Manchester on Tuesday.
Sourcing Journal on MSN3h
More Bad Blood Between Boohoo, Frasers
A day after a lost bid to oust Boohoo founder Mahmud Kamani, Frasers is pushing for payment details made by a Boohoo brand to ...
Another Vote, Same Story – But What For Boohoo’s Bigger Challenges?
Both efforts reflect growing dissatisfaction with Boohoo’s direction from its investors, as the business struggles to reverse ...
FashionUnited1d
Frasers accuses Boohoo of making undisclosed payments to founder’s son
Frasers Group’s final resolution for Boohoo shareholders was ultimately turned down, meaning the fast fashion conglomerate’s ...
While private companies own 26% of boohoo group plc (LON:BOO), individual investors are its largest shareholders with 36% ownership
Key Insights Significant control over boohoo group by individual investors implies that the general public has ...
Billionaire Mike Ashley Hits Boohoo With Allegation Of Undisclosed Payments To Cofounder’s Son
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.
Lessons from Asos and Boohoo’s US warehouse closures
Following Asos and Boohoo’s decisions to mothball their US distribution centres, Drapers speaks with analysts and supply ...
Frasers targets son of Boohoo co-founder as dispute intensifies
Mike Ashley’s Frasers Group has launched its latest salvo at Boohoo Group, just a day after shareholders voted down its ...
Frasers accuses Boohoo of undisclosed £2m payments to founder’s son
The ongoing battle between Frasers Group and Boohoo Group has taken a turn, with Mike Ashley’s group accusing the fashion ...
A boohoo director just bought £99k worth of shares! Time to buy this UK stock?
With company insiders actively investing their money in this bombed-out UK stock, I'm wondering if I should now be doing the ...