All the updated news related to mahmud kamani

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City

Mike Ashley’s Frasers Group further increases stake in Boohoo

Mike Ashley’s Frasers Group has upped its stake in Boohoo once again, less than two weeks after becoming the fast fashion firm’s biggest single shareholder. The owner of the Sports Direct and Flannels brands increased its shareholding in Boohoo to ...

16 Oct 2023 at 08:13

City

Boohoo boss takes home £650,000 bonus despite retailer sinking into a loss

The boss of fast-fashion firm Boohoo has been handed a more than £650,000 bonus despite the company plunging into a loss and seeing its share price lose nearly half its value in a year. John Lyttle, the chief executive of the retailer, took home ...

25 May 2023 at 14:25

City

Boohoo shareholders narrowly approve plan which could hand boss £50m bonus

Shareholders at online retailer Boohoo have narrowly approved a bumper incentive deal which could hand a £50 million bonus to the company’s boss in the next half-decade. The new plan will make it easier for chief executive John Lyttle and his ...

08 Mar 2023 at 16:58

City

Mike Ashley’s Frasers urges Boohoo to oust co-founder Kamani

Mike Ashley’s Frasers Group has urged Boohoo shareholders to dismiss the online fashion retailer’s co-founder Mahmud Kamani and replace him with the Sports Direct tycoon. Frasers, which is Boohoo’s largest shareholder, said Mr Kamani “must ...

21 Nov 2024 at 12:26

City

Boohoo founder should be investigated over debt collection, says Mike Ashley

Mike Ashley’s Frasers Group has urged Boohoo to suspend and launch an investigation into the online fashion firm’s chairman and founder over reported debt collection tactics. Earlier this week, the Telegraph reported Mahmud Kamani sought ...

14 Aug 2025 at 09:29

City

Boohoo investors reject bid from Frasers to remove co-founder

Boohoo has seen off the latest attempt by Mike Ashley’s Frasers Group to overhaul the online fast fashion firm’s leadership as shareholders rejected a call to oust its co-founder from the board. The retailer – which also owns brands ...

22 Jan 2025 at 10:47

City

Boohoo accuses Frasers of bid to ‘destabilise’ firm at second investor vote

Boohoo has accused Mike Ashley’s Frasers Group of a campaign to “destabilise” the fast fashion firm ahead of a vote on whether founder Mahmud Kamani should be removed as a director. It is the latest turn in a bitter war of words ...

09 Jan 2025 at 12:31

City

Debenhams plans to raise £35m to drive turnaround and cut debt

The owner of Boohoo and Debenhams is planning to raise £35 million to help accelerate its turnaround plans and cut debts. Debenhams Group, which was renamed from Boohoo last year, said it has been preparing for an equity ...

17 Feb 2026 at 08:03

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