12-12-2024 13:43 via retailgazette.co.uk

Boohoo hits back at Frasers: “Desperate people do desperate things”

Boohoo has said “desperate people do desperate things” in response to Frasers’ latest open letter to shareholders as the Sports Direct owner shrugged off what it labelled as “grossly exaggerated” conflicts and governance concerns.
Frasers said that the competition and corporate governance concerns from the fashion giant were used as a “thinly-veiled excuse” not to appoint Mike Ashley and Mike Lennon as directors.
“Boohoo put forward an unreasonable
Read more »