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The Latest Breaking News from Boohoo

THG shareholders voice opposition to re-election of long-standing board member

Iain McDonald is also a board member at fashion giant Boohoo

Birmingham Post

Revolution Beauty brands Boohoo's attempted coup as 'value-destructive, opportunistic and self-serving'

Earlier this week, Boohoo launched a campaign to vote the chief executive, chief financial officer and chairman of Revolution Beauty off the board

Birmingham Post

Mike Ashley’s Frasers Group buys 5% Boohoo stake in online shopping spree

Sale adds to flurry of investments by owner of Sports Direct, including in Currys, AO and Asos

The Guardian - UK

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Mike Ashley's retail empire buys into fashion giant Boohoo

Frasers Group recently invested over £75m to become AO's largest shareholder

Manchester Evening News

Mike Ashley's Frasers Group acquires stake in fashion giant Boohoo

The move comes after Frasers Group acquired an 8.9% stake in electricals retailer Currys

Birmingham Post

Revolution Beauty in legal fight with ex-boss over share suspension

Revolution shares have been suspended since September of 2022 after it couldn’t get auditors to sign off on its accounts

Evening Standard

Boohoo launches boardroom coup in bid to take control of Revolution Beauty

Boohoo wants the removal of Revolution Beauty's chairman, CEO and CFO

Manchester Evening News

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Boohoo moves to take control of Revolution Beauty with boardroom purge

Boohoo wants two of its non-executive directors to become Revolution Beauty's new executive chairman and CFO

Birmingham Post

People who used Google between 2006 and 2013 may be able to claim COMPENSATION

Google has been accused of sharing user data to third party groups, something the tech giant denies despite agreeing to settle the lawsuit - in recent months other companies such as Boohoo and Facebook have been caught up in class action lawsuits

Daily Mirror

Boohoo's big tip for fashion at the races this year

It's time to get your boots on

Wales Online

Leicester garment makers warn of crisis as fast-fashion brands squeeze suppliers

Midlands city’s industry alleges firms are forcing through discounts and imposing financial penalties over small errors

The Guardian - UK

'Disco cowgirl’ fashion trend could take over UK festival fashion this summer

The new trend is starting to do the rounds on TikTok

Bristol Post

Boohoo boss takes home £650,000 bonus despite fast-fashion giant making over £90m loss

Boohoo has been affected by rising costs, including shipping, staffing and energy, as well as shoppers returning to the high street

Manchester Evening News

Boohoo founders get hefty bonuses despite missing sales and profit targets

Carol Kane and Mahmud Kamani paid about £1m each after bonuses equivalent to annual basic salary

The Guardian - UK

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Birmingham Post

Boohoo CEO handed £650,000 bonus despite fashion giant making almost £91m loss

Boohoo has been affected by rising costs, including shipping, staffing and energy, as well as shoppers returning to the high street

Birmingham Post

One of the UK's largest accountancy firms returns to Manchester after a decade away

11 York Street is owned by Aviva Investors and counts the likes of Rolls-Royce among its tenants

Birmingham Post

'Worst is over' for Boohoo as investors encouraged to buy up shares

Boohoo revealed its latest full-year results recently

Daily Mirror

Shein to open 30 stores this year to rival Primark - including UK branches

The temporary stores will open across the EMEA (Europe, the Middle East and Africa) region as Shein looks to increase its high street presence and take on the likes of Primark

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Manchester Evening News

Company backed by boxing star Anthony Joshua collapses into liquidation

The company's website is still active and it's not clear whether the brand will continue under a new owner

Manchester Evening News

Boohoo vows to keep prices down despite losing over £90m

The group has also been encouraged to take inspiration from rival Asos

Wales Online

Boohoo makes huge £91million loss as shoppers spend less

It said it had plans to turn things around

Evening Standard

Boohoo plunges to £90.7m loss, but shares surge as boss promises return to growth by Autumn

Josh Warner, market analyst at City Index, said: “What a rough year for Boohoo”

The Guardian - UK

Boohoo swings to £91m loss as shoppers return more items

Online fashion business loses out as shoppers return to high streets after Covid lockdowns

Birmingham Post

Boohoo slumps to £91m loss as the cost-of-living crisis squeezes shoppers

During the year the number of people employed by Boohoo increased from 5,350 to 6,190

Evening Standard

Mahmud Kamani net worth | Evening Standard Tech Rich List

The son of an Indian-Kenyan father, Mr Kamani was born into a hustle culture in sixties Britain and started off selling handbags from a market stall.

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