Hugo Boss

Britain’s Frasers Group increased its stake in Hugo Boss to 50.08 percent by buying 198,666 shares for about €7.6 million, thereby reaching a majority. Frasers paid €38.41 per share and plans to consolidate Hugo Boss into the group’s financial statements. Through sold put options, the Britons could acquire up to a further 21.87 percent. Frasers has held a stake in Hugo Boss since 2020 and recently expanded its influence on the supervisory board. » Plus sur t-online.de

Frasers Group has increased its stake in Hugo Boss to 50.08 percent and can therefore unilaterally pass ordinary resolutions at general meetings and have greater influence on committee appointments. The takeover followed a purchase of 198,666 shares at €38.41; an immediate delisting is not automatically the result. Hugo Boss reported a 9 percent revenue decline in the second quarter to €905 million and an EBIT of €59 million with a margin of 6.5 percent. For 2026 the company expects currency-adjusted revenue to fall in the mid- to high-single-digit range and an EBIT of €300 to €350 million; the turnaround remains dependent on a recovery in profitability and demand. » Plus sur deraktionaer.de

The British Frasers Group bought a further 198,666 Hugo Boss shares for around €7.6 million and thus holds 50.08 percent of the share capital. Frasers intends to consolidate Hugo Boss into the group accounts and could obtain up to a further 21.87 percent of shares via sold put options. The group has steadily expanded its influence since 2020 and has made personnel changes on the supervisory board, most recently appointing Michael Murray as the new chairman. » Plus sur t-online.de