Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Boohoo boss gifts £25m shares to family

Boohoo joint chief executive and co-founder Mahmud Kamani has gifted his brother, Nurez Kamani, £25m worth of shares in the etailer.

The shares, worth 6.8% of the business, will also benefit a trust for Nurez Kamani’s children.

Mahmud Kamani’s other brother and sister also have shares in Boohoo.

The Manchester-based young fashion firm reported a 35% rise in first-half sales to £90.8m earlier this week.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.