Frasers Group shrugs off Boohoo boardroom rejection

Frasers Group’s coup against Boohoo’s board is set to continue despite the fashion retailer’s shareholders rejecting its initial proposals.
The Sports Direct owner said it “respects the views of the independent shareholders” after 63.77% voted against the appointment of Mike Ashley and restructuring expert Mike Lennon as directors to the fashion retailer’s board on Friday (20 December).
In a new statement this morning ( 23 December), Frasers wrote: “We w