Boohoo has accused Frasers Group of bid to ‘destabilise’ the fashion retailer ahead of shareholder vote

Boohoo webpage of a smartphone

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Fast-fashion giant Boohoo has accused Frasers Group of being on a campaign “which appears designed to destabilise” the fashion retailer in its latest letter to shareholders ahead of the general meeting later this month.

In a letter published today, Boohoo’s board alongside Institutional Shareholder Services (ISS) has urged shareholders once again to vote against the axing of Mahmud Kamani as a director, which is set to be proposed at the general meeting on January 21, 2025.

 

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