With Gucci Beauty transitioning to L’Oréal in 2027, interim CEO Markus Strobel laid out his strategy during an earnings call with analysts.

Frasers Group lifted its stake in Hugo Boss (XTRA:BOSS) to nearly 48% of share capital after a takeover offer that Hugo Boss management rejected on valuation grounds. The move makes Frasers Group the largest shareholder in Hugo Boss and increases its potential influence over future company decisions. Hugo Boss boards oppose the current offer terms, leaving the company independent for now despite Frasers Group approaching a near half ownership position. Rising ownership concentrations like...

Mike Ashley’s retail group lifted its stake in the German fashion brand to nearly 48%, falling short of full control but becoming impossible to ignore.

The retail giant behind Sports Direct and House of Fraser said it had increased its shareholding of the German fashion brand to nearly 48%.

Frasers Group has expanded its stake in German fashion company Hugo Boss to nearly 48% following the conclusion of its voluntary public takeover offer.

Mike Ashley’s Frasers Group has built an almost 50pc stake in Hugo Boss after failing to take control of the German fashion brand.

After initially urging investors to reject the 38‑euro bid, Hugo Boss now stresses a long‑term partnership with Frasers and continuity under its current leadership.

The British retail company said it received acceptances for 12.2 million Hugo Boss shares, or about 17.62% of the German company.

Aug 13 (Reuters) - The increasing prevalence of AI chatbots handling consumer shopping is pushing merchants to uphold more ‌direct customer relationships over fears of losing their loyalty and repeated ‌purchases, payments firm Adyen said on Thursday. Traditionally, consumers have browsed, logged in and paid directly through online ​channels.

Gross margin surges 200 basis points to 64.9% as Hugo Boss AG (BOSSY) navigates a challenging demand environment with disciplined cost management and strong free cash flow.

The German fashion group beat Q2 profit forecasts and held guidance, but weak demand and Frasers’ takeover bid keep the turnaround under a spotlight

The buyout firm Permira is among a pack of bidders pursuing a possible £700m takeover of Third Space, the upmarket London-based health clubs operator. Sky News has learnt that Permira, which has backed premium consumer brands such as Dr Martens, Hugo Boss and Valentino, has begun working on an offer for Third Space ahead of a deadline for formal bids later this year. If it proceeds with a formal bid, the private equity group is likely to face stiff competition from rival bidders attracted to Third Space's rapid growth.

Hugo Boss (ETR:BOSS) reported a 9% currency-adjusted decline in second-quarter sales as weak consumer demand and the company’s planned strategic realignment weighed on volumes, while gross margin, inventory levels and cash generation improved. Chief Executive Officer Daniel Grieder said 2026 is int

The German menswear specialist expects its sales slump to continue for the rest of the year as it undergoes a strategic reset and faces a takeover bid.

Hugo Boss investors have shunned Mike Ashley’s £2.3bn takeover bid for the German fashion giant.