Boohoo unveils new growth plan as it chases £5bn market cap

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Pureplay fashion giant Boohoo has unveiled a new growth share plan in the wake of a “significantly decreased market capitalisation”.

The new plan would reward executives, including boss John Lyttle and chief financial officer Shaun McCabe, with a pot worth £175m between them if the retailer, which has struggled during tough trading conditions, achieves a market capitalisation of £5bn.

 

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