Boohoo shareholders have shot down Frasers Group’s bid to ‘destabilise’ the brand

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Source: Alamy/B. O'Kane

Fast-fashion giant Boohoo’s shareholders have “overwhelmingly” voted against Frasers Group’s bid to oust founder and group executive vice-chair Mahmud Kamani at today’s general meeting.

Boohoo said shareholders have rejected Frasers Group’s proposal to remove Kamani as a director of the business.

 

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