Frasers has urged Boohoo to appoint Mike Ashley as new chief executive
Frasers Group has written an open letter to Boohoo urging them to appoint Frasers founder Mike Ashley as the retailer’s new director and chief executive following John Lyttle’s departure.
Frasers has been a shareholder of Boohoo since June 2023 and has the largest share of 27%.
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