LONDON (Reuters) - British retail tycoon Mike Ashley failed on Friday in his attempt to be appointed to the board of Boohoo after shareholders in the struggling online fast-fashion group voted against the move.
Boohoo said 64% of votes cast at its investor meeting opposed the election of Ashley, the founder and majority shareholder of rival Frasers, to the board. Frasers is Boohoo's biggest shareholder with 28%.
(Reporting by James Davey; Editing by Susan Fenton)