HUGO BOSS announced that Frasers Group has published its intention to launch a voluntary public takeover offer for all outstanding shares of the company. The proposed transaction was initiated by Frasers Group and was not coordinated with HUGO BOSS.
According to the company, the indicative offer price is €38.00 per share. The proposal represents a premium of approximately 4% compared with HUGO BOSS’ closing share price of €36.46 on June 10, 2026, and also reflects a 4% premium to the company’s three-month volume-weighted average price of €36.41.
HUGO BOSS said the publication of the announcement by Frasers Group marks the beginning of the formal process, with the company’s Managing Board and Supervisory Board expected to carefully review the offer once the official offer document becomes available.
The boards indicated that they will issue a formal reasoned statement after evaluating the proposal. The review will be conducted with consideration for the interests of the company and its stakeholders, including shareholders, employees, and customers.
The company noted that it will continue to update shareholders and the public regarding any further developments and next steps in accordance with applicable legal and regulatory requirements.
Founded in Germany and headquartered in Metzingen, HUGO BOSS is one of the world’s leading premium fashion companies. Frasers Group, headquartered in the United Kingdom, owns a portfolio of retail and consumer brands and has previously accumulated a significant stake in HUGO BOSS.
