Boohoo abandons £1m bonuses for top execs after shareholder backlash May 28, 2024 The top bosses at fast fashion giant Boohoo will now not receive bonuses of £1m after shareholders reacted angrily to the plans.
Boohoo shareholders ‘furious’ at ‘outrageous’ boss bonuses May 27, 2024 Shareholders at Boohoo Group will reportedly revolt over a decision to hand top bosses one million pound bonuses, despite the company reporting a £160m loss.
Boohoo hands top bosses bumper bonuses despite losses nearing £160m May 23, 2024 The co-founders and chief executive of Boohoo received a £1m bonus despite the fast fashion giant's losses swelling to almost £160m during its latest financial year.
Boohoo struggles continue with earnings and sales down – and losses mounting May 8, 2024 The company said its annual core earnings fell by seven per cent, revenue fell by 17 per cent, and the total value of goods sold fell by 13 per cent, after a tumultuous year in which it made multiple acquisitions.
Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme April 29, 2024 Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.
Pretty Little Thing founders venture into the world of luxury interior design April 24, 2024 Adam Kamani and Umar Kamani, the Manchester brothers who founded fast-fashion brand Pretty Little Thing are venturing into the world of luxury interior design.
CMA greenwashing probe: Asda, Asos and Boohoo promise clarity on eco-claims March 27, 2024 Top fashion retailers Asos, Boohoo and George at Asda, have signed undertakings to clarify the way they promote and display their environmental credentials, the competition watchdog has said.
Debenhams slashes losses as sales jump by over £30m February 12, 2024 Debenhams slashed its losses thanks to a surge in its sales by more than £30m, new accounts have revealed.
Revolution Beauty targets £1bn sales, leaving string of scandals behind February 8, 2024 Lauren Brindley, Revolution Beauty's newly appointed chief and former Boots executive, is set to inform investors about its business strategy at a capital markets event taking place today.
Mike Ashley’s Frasers Group further ups Boohoo stake February 7, 2024 Mike Ashley's Frasers Group has furthered strengthened its position as the largest single shareholder in Boohoo.