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Boohoo has hit back against Frasers Group, which is attempting to install its founder, Mike Ashley, as chief executive, describing Frasers’ criticisms of the online retailer as “inaccurate and unfair.”
On Thursday, Sports Direct owner Frasers, which owns 27 percent of Boohoo, wrote a letter to the online fashion company’s board calling for an emergency meeting of shareholders to vote to install Ashley as its chief to replace current boss John Lyttle.
Lyttle, who joined Boohoo from…
