Mike Ashley faces showdown over re-election as Frasers chief

Potential rebellion as advisers tell investors to block or abstain in vote on appointmentMike Ashley faces another showdown with investors at Frasers Group’s annual meeting on Wednesday after one advisory group said shareholders should block his re-election as chief executive and another advised them to abstain.In a report to clients, Pensions and Investment Research Consultants (Pirc) said shareholders of the group, which owns Sports Direct, House of Fraser and Flannels, should rebel agai