Frasers Raises Hugo Boss Stake Above 50%, Making It a Subsidiary
Frasers said it raised its stake in Hugo Boss to more than 50%, making the German fashion group a subsidiary of the British retailer.
Mike Ashley's Frasers LSE:FRAS said on Friday it has raised its stake in Hugo Boss XETR:BOSS to more than 50%, and that the German fashion group would become a subsidiary of the British retailer.