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Mike Ashley's Frasers ramps up stake in Hugo Boss
By Abigail Townsend
Date: Tuesday 21 Jul 2026
(Sharecast News) - Frasers Group has boosted its stake in takeover target Hugo Boss to more than 30%, the acquisitive British retailer confirmed on Tuesday.
In a brief update, Mike Ashley's retail empire said it had acquired a further 2.55m shares in the German fashion house, taking its holding to 30.28%.
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