Frasers Group has lifted its stake in Hugo Boss, crossing the threshold under German takeover rules that require it to make a mandatory offer for the rest of the company.
Frasers has bought an additional 2.5 million Hugo Boss shares, taking its holding from just over 26% to 30.28% of share capital and voting rights. Its € 38-per-share offer remains open.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
