Frasers wants to make Mike Ashley chief of Boohoo after ‘mismanagement and value destruction’ Retail Frasers Group wants to appoint its boss Mike Ashley as the chief executive of fast fashion brand Boohoo, citing “long-term mismanagement” which has led to “value destruction“. The Mike Ashley-owned company wrote to the board of Boohoo this morning, saying the group was suffering from a “leadership crisis”. In a message to markets this morning, [...]
Boohoo shares drop as firm mulls break up and boss heads for the exit Retail Boohoo has revealed that its CEO is stepping down after five years, kick-starting a search for the fast fashion's next chief executive