Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn. The retail empire, which spans Sports Direct and Flannels, already sits as Hugo Boss’s largest investor with a stake north of 25 per cent, and [...]
Mike Ashley’s Frasers makes £1.7bn takeover offer for Hugo Boss
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- by City A.M.
- Jun 10, 2026 18:34
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<img src="https://www.cityam.com/wp-content/uploads/2026/06/GettyImages-1428984789.jpg?w=1104" alt="Mike Ashley’s Frasers makes €1.98bn takeover offer for Hugo Boss " /> Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn.
Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn. The retail empire, which spans Sports Direct and Flannels, already sits as Hugo Boss’s largest investor with a stake north of 25 per cent, and [...]
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Hugo Boss
Mike Ashley
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