British department store chain Frasers Group has increased its investment in Hugo Boss by acquiring shares and put options worth approximately €360 million. This showcases Frase.rs Group’s focus on expanding its portfolio with well-known brands.
British department store chain Frasers Group PLC has increased its investment in German fashion brand Hugo Boss AG. They now hold 2.47% of Hugo Boss’s total share capital through direct interests and 13.92% through the sale of put options. The maximum aggregate exposure related to their interests is approximately €360 million (~$392.4 million). Frasers Group stated this in a media release, emphasizing their significant investment in Hugo Boss.
