Category: Ashley
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Mike Ashley demands to take charge at Boohoo amid leadership crisis
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Retail tycoon Mike Ashley’s Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a “leadership crisis” at the fast fashion retailer. In an open letter, Fraser urged Boohoo to replace current CEO John Little,…
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Mike Ashley demands to take charge at Boohoo amid leadership crisis
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Retail tycoon Mike Ashley’s Frasers Group has called for him to be appointed as the new chief executive of Boohoo, where Frasers has a 27% stake, following concerns about a “leadership crisis” at the fast fashion retailer. In an open letter, Fraser urged Boohoo to replace current CEO John Little,…
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Ted Baker to close all UK stores as potential Mike Ashley deal falters
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Ted Baker is set to close its last 31 UK stores this week, putting around 500 jobs at risk, as uncertainty grows over a potential rescue deal involving Mike Ashley’s Frasers Group. The closures mark the end of the retailer’s presence on the British high street, after months of turmoil…