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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

Boohoo boss could be in line for £50m bonus

The chief executive, John Lyttle, and co-founder, Carol Kane, with the celebrity Kourtney Kardashian Barker and her husband, Travis Barker.
The chief executive, John Lyttle, and co-founder, Carol Kane, with the celebrity Kourtney Kardashian Barker and her husband, Travis Barker. Photograph: Jamie McCarthy/Getty Images for NYFW: The Shows

The boss of Boohoo could be in line for a bonus worth as much as £50m as the fast fashion retailer seeks to overhaul its management incentive scheme and put the business back on track after a slump in its share price.

The online retailer – known for its brands including Pretty Litle Thing and Nasty Gal, and for tie-ups with celebrities including Kourtney Kardashian Barker and Megan Fox – has announced a new performance plan making it easier for the senior management team to hit targets.

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