Mike Ashley’s Frasers makes €1.98bn takeover offer for Hugo Boss

Published June 10, 2026 · Category: Markets

Overview

Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full control

Mike Ashley’s retail group, Frasers, has launched a near-€2bn takeover offer for the German luxury fashion brand Hugo Boss.

Details

The fashion and sportswear group, which owns 26% of Hugo Boss, said it is offering to pay about €1.98bn (£1.73bn) for the remainder of the business to take full control.

Source

Originally published at www.theguardian.com.

Related Articles

• Jim Cramer says Wall Street is one offering away from a hit
• Microsoft CEO sends another shocking message to employees
• Money 20/20 EU: Klarna founder and CEO Sebastian Siemiatkowski talks company evolution