- Advertisement -
Billionaire Mike Ashley’s Frasers Group Plc urged shareholders of Boohoo Group Plc to remove the fast-fashion company’s co-founder as a director, in the latest spat between two of the UK’s most prominent retail tycoons.
The group accused Boohoo’s Mahmud Kamani of presiding over a “multi-year share price collapse and value destruction” and a “sustained track record of governance failures and a ‘back pocket’ board,” in an open letter Thursday.
The statement came the same…
