Clothing & Shoes
Mike Ashley dubs Boohoo ‘desperate’ after CEO snub
Last month, Boohoo responded to Frasers’ call to install Ashley as CEO, rebutting claims it has ‘stone-walled’ Frasers over discussions about the appointment
Mike Ashley has called Boohoo’s decision to appoint a CEO from within “desperate”, after the fast-fashion retailer rejected Frasers’ demands to appoint Ashley as leader of the group.Following the internal promotion of Debenhams CEO Dan Finley to lead Boohoo, Ashley told the Sunday Times: “Independent shareholders be warned, desperate people do desperate things.”
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