Boohoo boss could be in line for £50m bonus
by Joanna Partridge from World news | The Guardian on (#68Y57)
Online retailer raises incentives for senior management after slump in share price and slow Christmas sales
The boss of Boohoo could be in line for a bonus worth as much as 50m as the fast fashion retailer seeks to overhaul its management incentive scheme and put the business back on track after a slump in its share price.
The online retailer - known for its brands including Pretty Litle Thing and Nasty Gal, and for tie-ups with celebrities including Kourtney Kardashian Barker and Megan Fox - has announced a new performance plan making it easier for the senior management team to hit targets.
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