More than 63% of shareholders voted against a proposal by Frasers Group to remove the online fashion retailer’s founder and executive vice chair, Mahmud Kamani, from the board.

Boohoo investors cast 63.2 per cent of votes against a resolution calling for Mahmud Kamani to be removed as a director of the online fashion retailer at a general meeting in Manchester on Tuesday.

The shareholders of Boohoo Group have voted against a proposal to remove co-founder, Mahmud Kamani, as a director of the fast fashion company. A total of

Frasers Group, owned by British retail tycoon Mike Ashley, has failed to oust Boohoo's co-founder Mahmud Kamani from the board after the fast-fashion group's shareholders voted against the move on Tuesday.