British retailer Boohoo appoints Dan Finley as CEO amid demands from Mike Ashley's Frasers

Frasers last week requisitioned a general meeting at Boohoo to appoint British entrepreneur Ashley as CEO

Boohoo chief executive John Lyttle said he has informed the company's board that he will step down from his role, as the fast fashion retailer posted another slump in sales revenues, driven by its international business, over the past six months. Issue date: Friday October 18, 2024.

British online fashion retailer Boohoo on Friday appointed Dan Finley as its new CEO, effective immediately, to succeed John Lyttle, a week after top investor Frasers wanted its controlling shareholder Mike Ashley in the role.

Finley was formerly CEO of JD Sports and is currently head of Boohoo's digital department store unit Debenhams.