Mode: Frasers kauft weitere Anteile an Hugo Boss
Großaktionär Frasers sichert sich fast die Hälfte der Anteile an Hugo Boss. Was steckt hinter dem Vorstoß der Briten und wie reagiert das schwäbische Management?
Düsseldorf - The major shareholder Frasers Group has increased its stake in fashion company Hugo Boss to 47.89 percent, the British firm announced on Tuesday. Frasers have been trying to gain control of the Swabian-based company since mid-June. In a voluntary public offer, Frasers valued Hugo Boss at approximately 2.7 billion euros.
However, the management of Hugo Boss found the conditions insufficient. Despite this, Frasers managed to acquire more shares, with the additional acceptance deadline set for August 13. The EU Commission has given its approval to the takeover. Frasers is a retail conglomerate led by entrepreneur Mike Ashley. Hugo Boss employs around 20,000 people worldwide, with more than 4,400 of them based in Germany.
The company is currently facing challenges with customer demand for its clothing. For the current year, the management expects a currency-adjusted sales decline in the single-digit percentage range. The company aims to achieve a profit before interest and taxes of between 300 million and 350 million euros. In 2025, Hugo Boss recorded sales of approximately 4.3 billion euros with an operating profit of 391 million euros.
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