1. Boohoo Co-Founder's Re-Election Opposed by 12% of Investors in AGM Vote

    Boohoo Co-Founder's Re-Election Opposed by 12% of Investors in AGM Vote

    LONDON (Reuters) - Some 12% of votes cast at Boohoo's annual shareholders' meeting on Friday opposed the re-election to the board of the British online fashion retailers' co-founder and executive director Carol Kane. Ahead of the meeting, investor advisory groups Glass Lewis and Institutional Shareholder Services (ISS) had recommended shareholders vote against her re-election because of concerns over how Boohoo dealt with worker conditions in its supply chain and over executive pay...

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    1. The board is delighted that shareholders have recognised the important and very specific role Carol has on the board with a very strong vote in her favour.
    2. The remuneration committee looks forward to ongoing engagement with the group's shareholders as it continues to shape the group's future remuneration policy.
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