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Evening Standard
Evening Standard
National
Henry Saker-Clark

Debenhams dealt blow as shareholder Frasers blocks three votes at AGM

It is the latest move in an increasingly bitter row between Debenhams and Mike Ashley’s Frasers Group, which owns an almost 29% stake in Debenhams (Alamy/PA) -

Debenhams Group has been hit by fierce opposition from shareholder and retail rival Frasers Group at its annual general meeting.

The online retail firm, which was recently renamed from Boohoo, saw three resolutions fail to pass at its meeting on Friday as a result.

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