{"id":32793,"date":"2026-08-18T21:40:21","date_gmt":"2026-08-18T21:40:21","guid":{"rendered":"https:\/\/microvibenews.com\/?p=32793"},"modified":"2026-08-18T21:40:21","modified_gmt":"2026-08-18T21:40:21","slug":"frasers-close-to-taking-control-of-hugo-boss-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=32793","title":{"rendered":"Frasers close to taking control of Hugo Boss \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"1020\" height=\"722\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Hugo-Boss-2026.png\" alt=\"\" class=\"wp-image-198982 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"722\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Hugo-Boss-2026.png\" alt=\"\" class=\"wp-image-198982\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Hugo-Boss-2026.png 1020w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Hugo-Boss-2026-300x212.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Hugo-Boss-2026-768x544.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/08\/Hugo-Boss-2026-600x425.png 600w\" sizes=\"(max-width: 1020px) 100vw, 1020px\"\/><figcaption class=\"wp-element-caption\"><em>Target: Hugo Boss came close to being acquired by Frasers<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Frasers Group has increased its shareholding in Hugo Boss, but fell short of taking full control of the German fashion house. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The owner of House of Fraser, Sports Direct and Flannels brands, which last week added luxury department store chain Harvey Nichols, has been pursuing a voluntary public takeover offer of the Metzingen-based company.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Today it said it had received acceptances for almost 18% of Hugo Boss shares, taking its total holding to 48%.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">In June, Frasers made a cash bid of \u20ac38 per share, valuing Hugo Boss at nearly \u20ac2bn (\u00a31.73bn).<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">But the German company\u2019s board told shareholders to reject the offer saying it was \u201cinadequate from a financial point of view\u201d. It represented only a 4% premium to Hugo Boss\u2019s shares at the time.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Frasers, which is 73%-owned by Mike Ashley, has stocked Hugo Boss products in its stores for some years and has been raising its holding since first taking a stake in the group in June 2020.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Its interest in the luxury end of the retail market has also seen it take a large stake in the British handbag maker Mulberry and become the fifth-biggest shareholder of Burberry, taking a 4.2% stake last month that was worth about \u00a3160m.<\/p>\n<p class=\"wp-block-paragraph\"><strong><em><strong>Daily Business Bulletin<\/strong>:\u00a0Subscribe here for our free morning bulletin of breaking news<\/em><\/strong><\/p>\n<p><!-- Simple Share Buttons Adder (8.6.0) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Frasers #close #control #Hugo #Boss #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Target: Hugo Boss came close t&hellip; <\/p>\n","protected":false},"author":1,"featured_media":32794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[3439,266,4576,7153,265,562,18659,18139,18137],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32793"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32793"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/32794"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}