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HomeLifestyle NewsMike Ashley Wants Boohoo to Make Him Its New CEO

Mike Ashley Wants Boohoo to Make Him Its New CEO

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Mike Ashley has asked fast-fashion brand Boohoo Group Plc to appoint him as chief executive, in the British billionaire’s latest confrontation with a struggling retailer.

Ashley’s Frasers Group Plc accused the Boohoo board of ignoring its largest shareholder while presiding over an “abysmal” trading performance, in an open letter published Thursday.

It called for an emergency general meeting for shareholders to vote on the election of Ashley and Mike Lennon, a restructuring expert, as…

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