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Frasers Group’s Mike Ashley Tightens Hold on Hugo Boss
via Business of Fashion · August 18, 2026

Frasers Group’s Mike Ashley Tightens Hold on Hugo Boss

The group increased its stake in the luxury brand to 48 percent, less than a week after its acquisition of department store chain Harvey Nichols.

The Story

The retail billionaire Mike Ashley has given the latest indication that his summer shopping spree may be far from over, after he increased his stake in the luxury giant Hugo Boss to nearly half.

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