John Lyttle, former CEO of Boohoo, stepped down earlier this year following severe accusations.Claims of stalking and ‘corporate espionage’ led to Lyttle’s resignation after a five-year…
Browsing: Boohoo
In a rapidly evolving fashion industry, a high-stakes boardroom battle between Frasers Group and Boohoo is unfolding. Frasers, holding a 27% stake in Boohoo, demands a…
Boohoo Group has repaid significant portions of its debt, totaling £50m from a £97m loan, as part of strategic financial restructuring.The repayment aligns with Boohoo’s plan…
Boohoo secures approval for a £39.3 million share issue, aiming to strengthen its financial foundation amidst ongoing corporate challenges.The company reported a pre-tax loss of £147.3…
This week saw a significant number of leadership changes and appointments across renowned fashion brands, signaling strategic shifts in the industry. Key moves included Boohoo Group’s…
Frasers Group has intensified its challenges against Boohoo’s leadership, calling for Mahmud Kamani’s removal and Mike Ashley’s appointment.Frasers criticized Boohoo’s performance, prompting demands for new leadership…
Frasers Group pushes for a leadership overhaul at Boohoo, urging shareholders to replace Mahmud Kamani with Mike Ashley.The proposal cites Boohoo’s poor performance, lack of transparency,…
Boohoo has reignited controversy by reestablishing ties with a supplier linked to past scandals.The supplier, GN Euro, rebranded and relocated to Morocco after previous issues.Boohoo had…
Frasers Group is gearing up for a leadership change with Sir Jon Thompson, former Financial Reporting Council leader, expected to take the helm as chairman.Sir Jon…
Boohoo has come under fire for renewing ties with a supplier previously dropped over modern slavery concerns.The company resumed business with GN Euro, now operating as…