Boohoo’s Name Changes to Debenhams Despite Frasers Group’s Vote Against

The spat between Boohoo Group Plc and its largest shareholder Mike Ashley broke out again on Friday, as his Frasers Group Plc voted against the online fast fashion retailer’s name change to Debenhams Group.

Some 62 percent of shareholders voted in favour of Boohoo’s renaming, below the 66.6 percent threshold for the resolution to pass. The retailer said its rebranding as Debenhams Group will be unaffected — though the result means the holding company will continue to be named Boohoo…