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Warring factions to face off as Frasers-Boohoo vote nears
09:16am, Friday, 13'th Dec 2024
Oh how fast the tables have turned for Boohoo Group PLC (AIM:BOO). Just last year, the online fashion retailer staged a successful coup against Revolution Beauty plc that led to a comprehensive shake-
Boohoo stamps down on Mike Ashley leadership bid as hostilities rumble on
03:02am, Friday, 13'th Dec 2024
Boohoo Group PLC (AIM:BOO) has said it would not agree to Frasers Group PLC (LSE:FRAS) boss Mike Ashley joining its board “in any circumstances”. In the latest heated exchange between the two, Boo
Barbed concessions made in Frasers-Boohoo slugfest
09:31am, Thursday, 12'th Dec 2024
Frasers Group PLC (LSE:FRAS) has offered up a few concessions in its ongoing campaign to seize control of flagging beauty online fashion outlet Boohoo Group PLC (AIM:BOO)'s board. The London-listed Sp
Frasers plans for Boohoo opposed by second major proxy adviser
03:47am, Thursday, 12'th Dec 2024
Proposals from Frasers Group PLC (LSE:FRAS) for Mike Ashley to join the Boohoo Group PLC (AIM:BOO) board have been opposed by a second independent proxy voting adviser, ahead of the shareholder me
Boohoo pleads with shareholders to deny Frasers' takeover bid
03:07am, Tuesday, 10'th Dec 2024
The board of Boohoo Group PLC (AIM:BOO) has ramped up the rhetoric in its spat with Frasers Group PLC (LSE:FRAS) by pleading with shareholders to deny the Sports Direct owner's takeover advances. Reit
Boohoo Shareholders Advised to Vote Against Frasers' Resolutions at General Meeting
07:31am, Monday, 09'th Dec 2024
Boohoo said an independent adviser recommended the company's shareholders vote against board representation for Frasers Group.
Frasers at two-year low as Mike Ashley hits back at Boohoo in spat
05:45am, Monday, 09'th Dec 2024
Frasers Group PLC (LSE:FRAS) shares fell to a two-year low on Monday as the Sports Direct owner's bid to bag seats on Boohoo Group PLC (AIM:BOO)'s board took yet another turn. Boohoo earlier in the da
Boohoo gets proxy advisor backing to snub Mike Ashley's leadership bid
02:49am, Monday, 09'th Dec 2024
Boohoo Group PLC (AIM:BOO) has once again urged shareholders to reject efforts by Mike Ashley's Frasers Group PLC (LSE:FRAS) to secure seats on its board. Having previously accused Ashley of an “ult
Boohoo repays £50mln of loan in refinancing drive
02:47am, Monday, 02'nd Dec 2024
Boohoo Group PLC (AIM:BOO) has repaid £50 million of a term loan under a refinancing effort and bid to create a “leaner and lighter” company. Lenders had been notified of the move to pay off part
Boohoo Group downgraded by US investment bank amid 'persistent' trading challenges
07:31am, Wednesday, 27'th Nov 2024
Jefferies has downgraded Boohoo Group PLC (AIM:BOO) to 'hold' from 'buy' and slashed its price target from 70p to 30p, citing persistent challenges in sales and profitability across its core brands.
Boohoo gets bank support to complete fundraising
03:07am, Monday, 25'th Nov 2024
Boohoo Group PLC (AIM:BOO) said it has received support from its banks for its refinancing plans, which has seen it raised over £39 million from issuing new shares. The consent of its lenders was
Boohoo Changes Chairman as Frasers Calls For Removal
04:15am, Thursday, 21'st Nov 2024
Boohoo said Mahmud Kamani would move aside as chairman on the same day that Frasers called for his removal, the latest twist in a spat between the online fashion company and its majority shareholder.
Boohoo appoints new chairman but Frasers calls meeting to remove Kamani from board
03:51am, Thursday, 21'st Nov 2024
Boohoo Group PLC (AIM:BOO) has made lawyer Tim Morris its new independent non-executive chair with immediate effect, though founder Mahmud Kamani retaining significant power as executive vice chair
Boohoo sees retail investors take up small portion of fundraising allocation
02:31am, Monday, 18'th Nov 2024
Boohoo Group PLC (AIM:BOO) has raised roughly £400,000 from a share offer to small investors, as part of the £39.3 million fundraise it announced last week. The online fashion group, which issued
Boohoo slates ‘conflicted' Mike Ashley in latest bid to reject Frasers approach
06:27am, Thursday, 14'th Nov 2024
Boohoo Group PLC (AIM:BOO) has accused Mike Ashley of being “conflicted” and having an “ulterior motive” as it urged shareholders to reject his attempts to take control of the retailer. Ashley
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