Mike Ashley pumps further £4m into Boohoo amid market turmoil at fast fashion giant
Frasers founder has grown his stake at clothing retailer to 7.8 per cent from initial investment in June
Source: businesspost.ie
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Frasers founder has grown his stake at clothing retailer to 7.8 per cent from initial investment in June
Billionaire’s firm now holds over £30 million in shares in the fast fashion giant
Fashion giant Boohoo has agreed to drop plans to overhaul the board of the make-up company in which it holds a sizeable stake
Allianz Trade, Astradius and potentially other insurers have revised their coverage of the fast-fashion e-tailers.
Credit insurer Allianz Trade has slashed cover for Boohoo suppliers, which could hit the online retailer’s cashflow.