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.
Hugo Boss
Billionaire Mike Ashley tightens grip on Hugo Boss as chairman steps down
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.