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

Mike Ashley Poland Street 2

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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