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Evening Standard

Henry Saker-Clark

Mike Ashley’s Frasers eyes majority ownership of Hugo Boss

Hugo Boss Mike Ashley Mike Ashley Frasers Group Harvey Nichols Sports Direct Jonathan Brady

The FTSE 100 firm has steadily grown its stake in Hugo Boss since first investing in 2020 (Jonathan Brady/PA) - (PA Archive)

Mike Ashley’s Frasers Group has said it plans to take majority control of German fashion house Hugo Boss.

The Sports Direct owner confirmed it has built up its stake in the luxury business to 47.89% of the business after recent deals to acquire extra shares.

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