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Hugo Boss chairman to step down after Frasers takeover pressure

Hugo Boss chairman to step down after Frasers takeover pressure

- Hugo Boss BOSSn.DE Chairman Stephan Sturm will leave the company following constructive discussions amid recent changes in the company, the German fashion group said on Monday.

Sturm will continue to serve as chairman of the supervisory board until a successor is elected, according to a statement.

Hugo Boss said it would start the succession process immediately and provide an update in due course.


(Reporting by Ozan Ergenay in Gdansk
Editing by Miranda Murray)

((Ozan.Ergenay@thomsonreuters.com;))

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