Swiss entrepreneur and business executive, Hugo Boss CEO since 2021; previously led Tommy Hilfiger Global and Calvin Klein Europe.
Frasers Group has announced a cash offer of €38 per share to acquire the remaining shares of Hugo Boss, valuing the German luxury brand at about €1.98bn. The bid aims to take full control of Hugo Boss as Frasers continues its strategy of expanding upmarket brands. Hugo Boss will examine the proposal and may put it to a vote subject to regulatory clearances.