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Hugo Boss set to become Frasers subsidiary as stake passes 50%

Hugo Boss set to become Frasers subsidiary as stake passes 50%

- Mike Ashley's Frasers FRAS.L said on Friday it has raised its stake in Hugo Boss BOSSn.DE to more than 50%, and that the German fashion group would become a subsidiary of the British retailer.


(Reporting by Sri Hari N S in Bengaluru; Editing by Tasim Zahid)

((SriHari.NS@thomsonreuters.com;))

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