Mahmud Abdullah Kamani (born August 1964) is a British businessman. He is co-founder and executive chairman of Boohoo Group.
His father Abdullah Kamani is from Gujarat, India; settled in Kenya, but left in the 1960s due to unrest and moved to north-west England with his wife and three children. Abdullah started by selling handbags at a market stall, before starting a family textile business, supplying New Look and Primark.
In 2013, Kamani was awarded âÂÂEntrepreneur of the Yearâ at the English Asian Business Awards. In 2015 he was honoured at the Legends of Industry Awards.
In April 2017, Boohoo announced that its profits had almost doubled to ã31 million on sales up by 51% to almost ã300 million. When the company was floated on the stock market in 2014, it was valued at ã560 million, and is worth about ã3.54 billion as of July 2021. In June 2017, Kamani sold a total of 36.6 million shares together with his siblings, Nurez and Rabia. He sold over ã80 million worth of Boohoo shares and raised an additional ã50 million by placing 22.7 million new shares. The funds raised are earmarked for the development of a âÂÂsupersiteâ warehouse.
In April 2018, Boohoo shares recovered after brand PrettyLittleThing doubled sales. Boohoo owns 66% of the brand.
In February 2021, Boohoo has bought Arcadia brands Dorothy Perkins, Wallis and Burton out of administration for ã25.2 million. Boohoo has bought the brands' e-commerce and digital assets and associated intellectual property rights.
, his net worth is estimated at ã67 million.
Mahmud Kamani and his wife Aisha have three sons. Two of them, Umar Kamani and Adam Kamani, who co-founded PrettyLittleThing, are active in the family business. He lives in Mottram St Andrew, Cheshire.
His brother Jalal Kamani is the former trading director of Boohoo.
Mahmud Kamani retains his connection to Kenya by supporting Kibera Kids, a Nairobi-based non-profit organization.
In July 2020, allegations were made about the I Saw It First fashion brand and Morefray Ltd, a supply company to Boohoo, of paying less than the minimum wage and failing to protect staff from coronavirus during the pandemic. The company is owned by Jalal Kamani, who jointly founded Boohoo with his brother Mahmud.