Mike Ashley lashes out at ‘desperate’ Boohoo over CEO snub
Frasers owner Mike Ashley has hit out at fashion retailer Boohoo, calling its decision to snub his demand to be made CEO in favour of promoting from within “desperate”.
On Thursday, the fast fashion retailer announced it had appointed Debenhams CEO Dan Finley as its new group chief executive, pointedly ignoring the demands of its largest shareholder Frasers, who had called for the board to vote on installing Ashley as the new boss.
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