Hugo Boss Stock News
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Xetra, Oct 01, 05:35 pm CEST.
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Hugo Boss Stock News
Murray, who has sat on Hugo Boss's supervisory board since May 2025, will succeed Stephan Sturm as chairman.
Hugo Boss has appointed Frasers CEO Michael Murray as the chairman of its supervisory board, the German fashion group said on Wednesday.
Hugo Boss Chairman Stephan Sturm will leave the company following constructive discussions amid recent changes in the company, the German fashion group said on Monday.
Mike Ashley's Frasers has raised its stake in German retailer Hugo Boss to nearly 48%, it said on Tuesday as the British retailer pushes ahead with its expansion into the luxury space.
The British retail company said it received acceptances for 12.2 million Hugo Boss shares, or about 17.62% of the German company.
German fashion group Hugo Boss reported second-quarter operating profit above expectations on Tuesday, despite subdued consumer demand.
British retailer Frasers said on Tuesday that its takeover offer for German fashion house Hugo Boss had become unconditional after winning the European Union's clearance.
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