Mike Ashley’s Frasers Group (LON:FRAS) is continuing to turn up the volume of its contention with the way that Mahmud Kamani is running the boohoo Group (LON:BOO).
It all heated up again yesterday as Frasers published an Open Letter to boohoo that is stirring the pot even more.
Following market whispers that Umar Kamani, one of Mahmud’s sons, was being lined up for potential executive corporate appointment as the online fashion group tries to sort out its financial problems, was compounded by group CEO John Lyttle announcing that he was looking to stand down.
An att...
