Boohoo bosses under pressure to break up business and ‘spin off’ brands
Bosses at fast-fashion giant Boohoo Group are mulling a break up of the business as it faces pressure from shareholders to turn its fortunes around, according to reports.
Boohoo Group, which owns brands including Boohoo, PrettyLittleThing (PLT), Karen Millen and Debenhams, is being urged by shareholders to break up the group and “spin off some of its better-performing brands”.
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