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Frasers Group Gains Majority Control of Hugo Boss Stake

By Drooid · · How we work

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Story summary
  • Frasers Group raised its stake in Hugo Boss to 50.08%, gaining majority control.
  • The increase added 198,666 shares for €7.63 million ($8.55 million) on 23 October.
  • Frasers will consolidate Hugo Boss and record €981.2 million goodwill.
  • Frasers also holds put options on up to 15.05 million shares, potentially raising interest by 21.87%.
  • Hugo Boss posted €1.81 billion revenue and €272 million EBITDA for the six months to 30 June 2026.