Boohoo snubs Ashley demand as it names Debenhams boss as new chief executive

Dan Finley

Boohoo has snubbed the demands of its largest shareholder by appointing former JD Sports and current Debenhams boss Dan Finley as its new group chief executive.

The move comes a week after Sports Direct founder and majority Boohoo shareholder Mike Ashley demanded to be made Boohoo chief executive in order to help the struggling business “set [a] new course” following news that John Lyttle would be stepping down. 

 

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