Frasers Group CEO measured up for Hugo Boss board seat Retail The chief executive of Frasers Group, Mike Ashley’s retail giant which owns the likes of Sports Direct and House of Fraser, is in line to take a board seat at Hugo Boss. Michael Murray will take part in an election to become part of the German fashion retailer’s supervisory board. Frasers Group currently holds a [...]
Hugo Boss: Profit slashed in ‘year of investment’ as sales dip from record high Retail Profit at the UK arm of Hugo Boss was slashed by almost 50 per cent in a “year of investment” as its sales fell back from a record high, it has been revealed. The London-headquartered arm has reported a pre-tax profit of £16.8m for 2023, according to newly-filed accounts with Companies House, down from £30.4m [...]
Mike Ashley’s Frasers Group ups stake in Hugo Boss to over £300m Business Mike Ashley's Frasers Group has upped its stake in fashion brand Hugo Boss, bringing its total stake in the company to £305m.