Hugo Boss news and archive

Will Frasers' Michael Murray be Hugo Boss' next CEO?

Frasers Group is exploring ways to install its chief executive, Michael Murray, as chief executive of Hugo Boss, as the Mike Ashley-controlled retailer seeks greater control over the German fashion house, The Times reported on Sunday. Sources told the paper that Frasers was laying the groundwork to position Murray at the top of Hugo Boss. The...

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Frasers Group passes 30 percent threshold in Hugo Boss takeover bid

UK retail conglomerate Frasers Group (Frasers) has acquired a further 2.55 million shares in German fashion house Hugo Boss, bringing its total shareholding to 30.28 percent. With this move, the company has officially crossed the 30 percent mandatory bid threshold outlined in the German Takeover Code. The additional 2,549,900 ordinary registered...

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Hugo Boss recommends rejecting Frasers Group's takeover bid

Fashion group Hugo Boss considers the takeover bid from major shareholder Frasers Group to be inadequate. “The offer price of 38.00 euros per share does not adequately reflect the standalone value and future value creation potential of Hugo Boss,” the company announced on Thursday. The offer has been subjected to an independent review process....

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Frasers Group stands firm on Hugo Boss takeover bid

In the takeover bid for Hugo Boss, major shareholder Frasers Group will not increase its offer. The company announced this in London. The British company has been attempting to take the helm of the German brand since mid-June through a voluntary public offer. It is offering 38 euros per share. Frasers is a retail conglomerate backed by...

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Frasers announces two billion euro bid for Hugo Boss

London - British apparel company Frasers Group (Frasers) announced on Wednesday its intention to acquire the remaining capital of German premium clothing group Hugo Boss for almost two billion euros (2.31 billion. Frasers already holds more than a quarter of the company. As Hugo Boss is listed in Frankfurt, Frasers intends to “launch a voluntary...

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Hugo Boss: quarterly profit drops by more than half

The Metzingen-based fashion group Hugo Boss AG suffered significant declines in sales and profit in the first quarter of the 2026 financial year. Management attributed this to the challenging environment and the “targeted refocusing of brands and distribution channels” as part of its ongoing ‘Claim 5 Touchdown’ reform programme. The results,...

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Hugo Boss continues push into tennis with its biggest sports partnership

Hugo Boss first made its mark in tennis in the 1980s when it sponsored men’s team competition, the Davis Cup, for 15 years, and now the German fashion brand has secured its biggest partnership as the official lifestyle outfitter for the Australian Open from 2027. The move is described as a “landmark partnership” for the German fashion group’s...

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Hugo Boss profits rise on cost savings, but forecasts revenue decline

Fashion group Hugo Boss felt the effects of the weak economic climate last year, reporting slightly lower revenue. However, profits increased thanks to cost savings. For the current year, the company remains cautious. As announced in December, management continues to expect a currency-adjusted revenue decline in the mid to high single-digit...

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Frasers Group influence: Hugo Boss cuts dividends, initiates buyback

Fashion group Hugo Boss is cutting its direct distributions to shareholders to the legal minimum. Shareholders are to receive four cents per share for the past year, the company announced in Metzingen on Monday. For the previous year, they had received 1.40 euros per share. Meanwhile, Hugo Boss intends to buy back its own shares worth up to 200...

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Vegan fashion: Certifications, market data, and guides to decluttering

The vegan fashion market is a niche but increasingly important sector, driven by the demand for cruelty-free products. According to data from the American research company Market.Us, the global vegan fashion market is projected to reach approximately 1,281.2 billion dollars by 2034. This is up from 556.3 billion dollars in 2024. This growth...

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Former Tory Burch executive Kerstin Dorst to lead Hugo Boss womenswear

Metzingen, Germany-based fashion group Hugo Boss has appointed Kerstin Dorst to the newly created role of senior vice president of womenswear. Dorst will take up her new role effective January 15, Hugo Boss announced on Thursday. In this position, she will report to Oliver Timm, chief sales officer at Hugo Boss. New head of womenswear comes from...

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New strategy: Hugo Boss focuses on efficiency and womenswear

Metzingen-based fashion group Hugo Boss AG is driving its reform efforts forward. On Tuesday evening, the company announced a new medium-term programme called “Claim 5 Touchdown”. It continues the “Claim 5” strategy launched by CEO Daniel Grieder after taking office in summer 2021. “Claim 5 was a growth strategy. It was about refreshing the...