Hugo Boss chairman to step down after pressure from Mike Ashley’s Frasers

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Hugo Boss chairman to step down after pressure from Mike Ashley’s Frasers

Sports Direct owner Frasers said it will now appoint a second representative onto Hugo Boss’s board after increasing its ownership of the brand.

14 Sept, 07:54

Evening Standard

Hugo Boss chairman to step down after pressure from Mike Ashley’s Frasers

Sports Direct owner Frasers said it will now appoint a second representative onto Hugo Boss’s board after increasing its ownership of the brand.

14 Sept, 07:54

Centre

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City AM

Mike Ashley’s Frasers ousts Hugo Boss chairman

Mike Ashley’s Frasers Group has ousted the chairman of Hugo Boss as it seeks greater control of the German fashion house. The UK retail group, which owns Sports Direct, Jack Wills and Flannels, told investors on Monday that Stephan Sturm, chairman of Hugo Boss’ supervisory board, has agreed to step aside. Ashley’s firm said it [...]

14 Sept, 07:14

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Daily Mail

Mike Ashley's Frasers increases stake in Hugo Boss to 48% after takeover bid

Frasers has upped its stake in Hugo Boss as Mike Ashley vies for full control of the German fashion brand to accelerate his push into the luxury sector.