Frasers lifts stake in Hugo Boss again

House of Fraser and Sports Direct owner Frasers Group said on Friday that it has increased its stake in German fashion brand Hugo Boss again.
The company, which also owns Flannels and Jack Wills, among others, has 3.025m shares of common stock, which represent a stake of 4.3% in Hugo Boss.

In addition, it now has 21.139m shares of common stock via the sale of put options, up from 20.09m previously, representing a stake of 30.03%.

This takes its overall stake in Boss to 34.33%, up from 32.8% last week.

Related Articles

Sign up to the Wealth DFM Newsletter

Name

Trending Articles

Wealth DFM Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

Wealth DFM Talk Podcast – listen to the latest episode