Boohoo has offered its largest shareholder Frasers Group a seat on its board, but not for the retail tycoon Mike Ashley, Frasers’ founder.
Chinese-founded fast-fashion giant Shein has made its first acquisition in the UK, buying women’s clothing brand Missguided for an undisclosed amount.
Sports Direct’s parent firm, Frasers Group, has swung to a bumper profit for the past year and expects this to surge further, despite warning over the cost of living and supply chain pressures.
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