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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Mike Ashley’s Frasers urges Boohoo to oust co-founder Kamani

Frasers group has called for co-founder Mahmud Kamani to be pushed from Boohoo’s board (Ian West/PA) - (PA Wire)

Mike Ashley’s Frasers Group has urged Boohoo shareholders to dismiss the online fashion retailer’s co-founder Mahmud Kamani and replace him with the Sports Direct tycoon.

Frasers, which is Boohoo’s largest shareholder, said Mr Kamani “must go” after overseeing a sharp plunge in its shares over the past three years.

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