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FRAS - Frasers News Story

536.5p -8.5  -1.6%

Last Trade - 05/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £2.83bn
Enterprise Value £3.81bn
Revenue £3.81bn
Position in Universe 261st / 1819

Hugo Boss has very constructive relationship with Frasers

Thu 11th March, 2021 11:00am
BERLIN, March 11 (Reuters) - German fashion house Hugo Boss
 BOSSn.DE  has a very good relationship with Mike Ashley-led
Frasers  FRAS.L , acting Chief Executive Yves Mueller said on
Thursday.
    "The relationship overall with the Frasers Group is very
constructive," Mueller told analysts. "We are growing the
business with the Frasers Group."
    He added that Frasers had not expressed interest in a
supervisory board seat even after it said in January it had
increased its Hugo Boss stake to 15.2%, part of the British
businessman's drive to take the sportswear retailer upmarket.

 (Reporting by Emma Thomasson, editing by Thomas Escritt)
 ((+4930220133580; Reuters Messaging:
emma.thomasson.thomsonreuters.com@reuters.net))
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