Hugo Boss

Frasers Group says that after completing its voluntary takeover offer it has held talks with Stephan Sturm about the composition of the supervisory board. Both sides agreed that Sturm will step down as chair and member of the supervisory board as soon as regulations permit. Frasers intends to place Michael Murray and additionally Robert Palmer on the supervisory board as its representatives; other objectives remain unchanged. » Więcej na de.investing.com

Stephan Sturm will resign his seat on HUGO BOSS’s supervisory board effective 15 October. The decision follows constructive talks after the failed takeover by the Frasers Group. Frasers also intends to take a second seat on the supervisory board; investors reacted calmly. » Więcej na finanzen.net

Under pressure from major shareholder Frasers, supervisory board chairman Stephan Sturm announced his resignation effective 15 October. Frasers chief Michael Murray, on the supervisory board since May 2025, is to take the chair; additionally, lawyer Robert Palmer is to join the board. Frasers recently increased its stake in Hugo Boss from 26.06 to 47.89 percent and apparently seeks a majority. Meanwhile, Hugo Boss is undergoing the strategic realignment "Claim 5 Touchdown" and has recently recorded declines in sales and earnings. » Więcej na faz.net