New boss announced at one of Manchester’s biggest business success stories
A new man is to take charge of the online fashion giant Boohoo.
The Manchester based firm has announced that Primark’s chief operating officer John Lyttle is take over as chief executive from founders Hahmud Kamani and Carol Kane.
Boohoo is on target for sales of £3bn across the globe and its revenues in the first quarter were £183.6m, an increase of 53%.
The new chief executive’s pay package will be heavily related to the growth of the business.
He will have an annual salary of £615,000 and an annual bonus of up to... 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...