ISS reportedly tells fast-fashion firm that Frasers Group approach is ‘superficial’ and ‘offers no plans for change’Comment: Ashley doesn’t belong on Boohoo’s boardFast-fashion retailer Boohoo has won the support of an influential shareholder adviser in its battle to prevent Sports Direct founder Mike Ashley wresting control of the company.Boohoo on Monday published the recommendation of Institutional Shareholder Services (ISS) that investors vote against Ashley and another associate joining its board at a meeting on 20 December. Continue reading…
Source link : https://www.theguardian.com/business/2024/dec/09/boohoo-wins-influential-advisers-support-in-battle-against-mike-ashley-takeover
Author : Jasper Jolly and Sarah Butler
Publish date : 2024-12-09 16:38:13
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Boohoo wins influential adviser’s support in battle with Mike Ashley
