British billionaire Mike Ashley's Frasers takes control of Hugo Boss with 50% stake
Frasers Group, the retailer controlled by British billionaire Mike Ashley, has lifted its Hugo Boss stake above 50%, taking control of the German fashion brand.
Skip to content
Frasers Group, the retailer controlled by British billionaire Mike Ashley, has lifted its Hugo Boss stake above 50%, taking control of the German fashion brand.
Billionaire Mike Ashley's Frasers Group has taken an 8.78% stake in Under Armour, worth about $77 million, adding to its Puma, Burberry and Harvey Nichols buys.
Billionaire Mike Ashley is tightening his grip on Hugo Boss as Frasers Group raises its stake to 48% and targets majority control of the German fashion house.