Boohoo's shareholders have staged a major revolt against its new £175m bonus plan.
After being announced last month, the Manchester-headquartered fashion giant asked shareholders to back the proposals at a general meeting earlier today (March 8).
However, the vote saw significant opposition with 37% of votes cast against it. The new plan will see bonuses handed out over a period of time if Boohoo's market capitalisation reaches £5bn.
