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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Business

Boohoo encourages Revolution Beauty to seek general meeting over board changes.

A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in thi... A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/
A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in thi... A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/

On Wednesday, Boohoo (BOOH.L) encouraged Revolution Beauty (REVB.L) to hold a public meeting “without further delay” to remove CEO Bob Holt, Finance Chief Elizabeth Lake, and Chairman Derek Zissman from the board.

Boohoo, Revolution Beauty’s largest stakeholder with a 26.6% interest, had requested a general meeting to propose Alistair McGeorge and Neil Catto as new directors.


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