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flag Frasers Group urges Boohoo shareholder meeting to appoint Mike Ashley as CEO, citing crisis and 15% revenue drop.

flag Frasers Group, the largest shareholder of Boohoo, has demanded the appointment of its founder, Mike Ashley, as CEO following the resignation of John Lyttle. flag Frasers is urging a shareholder meeting to support this change, citing a leadership crisis and Boohoo's recent 15% revenue drop. flag Additionally, Frasers wants restructuring expert Mike Lennon to join Boohoo's board. flag Boohoo is currently reviewing the request and has advised shareholders to await further announcements.

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