Frasers, the high street giant behind Sports Direct, Flannels, Game, Jack Wills and Evans Cycles, has taken a bigger share of Hugo Boss and online clothes store Asos.
The Derbyshire-based business, which until recently was run by Sports Direct founder Mike Ashley, has become the fourth biggest shareholder in Asos with a 5.1 per cent stake.
It has also had upped its investment in German fashion house Hugo Boss to 4.3 per cent, plus another type of share option which put its maximum exposure in the business at around £840 million.
