Boohoo shareholders reject top investor Frasers' attempt to remove co-founder Kamani

Reuters

2025/01/21

Jan 21 (Reuters) - British retail tycoon Mike Ashley's Frasers Group FRAS.L has failed in its attempt to oust Boohoo's BOOH.L co-founder Mahmud Kamani from the fast-fashion group's board after shareholders voted against the move on Tuesday.

Boohoo said 63.17% of votes cast at the general meeting opposed the removal of Kamani, who is also the company's second biggest shareholder.

(Reporting by Raechel Thankam Job and Aby Jose Koilparambil in Bengaluru)

((RaechelThankam.Job@thomsonreuters.com;))

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