- HUGO BOSS shares held by Frasers · 23 October 202634,468,065 shares 50.08% of 68,821,052 shares, per Frasers
- Shares bought on 23 October 2026 · 23 October 2026198,666 shares
- Consideration for those shares, from existing cash · 23 October 20267,630,761 €
- HUGO BOSS shares under sold put options · 23 October 2026up to 15,050,100 shares up to 21.87%, per Frasers (same basis)
- HUGO BOSS revenue, six months to 30 June 2026 · First half of 20261,810.0 €m from €2,000.0m a year earlier
Frasers Group plc paid €7,630,761 from existing cash for 198,666 HUGO BOSS shares on 23 October 2026, taking its holding to 34,468,065 shares, which Frasers said represents 50.08% of HUGO BOSS' total share capital, based on the 68,821,052 HUGO BOSS shares it says are in issue. HUGO BOSS's total voting rights notice of 7 October 2026 gives the same total of 68,821,052 voting rights. Frasers said HUGO BOSS's earnings, assets and liabilities are expected to be consolidated into Frasers', and HUGO BOSS will become a group subsidiary. The purchase is a notifiable significant transaction under the UK Listing Rules but needs no shareholder approval.
- Frasers publishes its announcement on the offer for all HUGO BOSS shares.
- Frasers announces the results of its voluntary public takeover offer, under which it acquires 12,157,598 HUGO BOSS shares. Since then it has also bought further interests, including shares, options and other instruments.
- Frasers buys 198,666 shares and says it holds 50.08% of HUGO BOSS' total share capital.
HUGO BOSS, headquartered in Metzingen, Germany, and traded on the regulated market of the Frankfurt Stock Exchange, reported revenue of €1,810.0m and EBITDA of €272.0m for the six months to 30 June 2026, against €2,000.0m and €324.0m a year earlier, according to figures in Frasers' announcement. HUGO BOSS had gross assets of €3,532.0m and net assets of €1,634.0m at 30 June 2026. Frasers defines EBITDA as earnings before interest, taxes, depreciation, amortisation and impairments or impairment reversals, an alternative performance measure that is not recognised under UK IAS.
- €1,874.3mUnaudited pro forma combined EBITDA, 52 weeks to 26 April 2026
Frasers' £976.6m of EBITDA for the 52 weeks to 26 April 2026 plus HUGO BOSS's €729.5m (£622.3m) for the 12 months to 30 June 2026, used as a proxy.
- €981.2mPro forma goodwill (including intangible assets recognised on acquisition), illustrative
What Frasers would have recognised on top of HUGO BOSS's €1,634.0m of identifiable net assets had the deal completed on 26 April 2026.
- €36.9mPro forma revaluation charge on existing stake, illustrative
The fall Frasers would book in the carrying value of its existing stake, revalued at €38 per share, with an equivalent income statement charge.
Source: Frasers Group plc, Update on investment in HUGO BOSS (RNS), 23 October 2026, Pro forma, as if completed 26 April 2026.
In its risk section, Frasers says that under German law the HUGO BOSS Management Board runs day-to-day activities and reports to the Supervisory Board, so its ability to influence HUGO BOSS's day-to-day business may be limited. Frasers says about 49.92% of HUGO BOSS shares continue to be held by other shareholders.
- Frasers Group plc, Update on investment in HUGO BOSS (RNS via Investegate), 23 Oct 2026, 19:26 CEST
- HUGO BOSS AG, total voting rights announcement under Sec. 41 WpHG (EQS News), 7 Oct 2026, 14:50 CEST