Boohoo co-founder cashes in £10.7m after bumper results
Carol Kane, the co-founder of online fashion giant Boohoo, has sold some of her shares in the company, bagging £10.7m.
Kane, who is joint chief executive with Mahmud Kamani, yesterday sold 4.65 million shares, leaving her with around 46.3 million shares, equivalent to just above 4% of the company.
The timing could have been better for Kane - who sold her shares at an average price of 230p - as despite yesterday's news of stellar trading performance and another upgrade to year end expections, shares fell around 17% through the ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...