239
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
LOVISA
Store Manager | nz | Palmerston North
Permanent · PALMERSTON NORTH
LOVISA
Store Manager | nz | Chartwell
Permanent · HAMILTON
LOVISA
Store Manager | nz | Glenfield
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Oakley Queenstown
Permanent ·
ESSILORLUXOTTICA GROUP
Optometrist- Opsm Hastings
Permanent · HASTINGS
By
Reuters API
Published
Jan 20, 2021
Download
Download the article
Print
Text size

Mike Ashley's Frasers ups stake in Hugo Boss to over 15%

By
Reuters API
Published
Jan 20, 2021

Mike Ashley-led Frasers said on Tuesday it has increased its stake in German luxury fashion house Hugo Boss to 15.2% through stocks and derivatives, part of Ashley's ongoing drive to take the British sportswear retailer upmarket.


Boss - Spring-Summer2021 - Womenswear - Milan - © PixelFormula


Frasers, known as Sports Direct before its takeover of House of Fraser, is raising the stake for the second time having increased it to 10.1% in late June after disclosing an initial 5.1% holding earlier that month.

The company said it now held 3.6 million shares of common stock, representing 5.1% of Hugo Boss's total share capital.

It also has 3.4 million shares via contracts for difference and 3.7 million shares via the sale of put options, which together represent 10.1% of the Frankfurt-listed company's share capital.

Frasers said its maximum aggregate exposure relating to the stake change was about 275 million euros ($333 million) after taking into account the premium it will receive under the put options. In mid-2020 the number was 204 million euros.

"This investment reflects Frasers Group's growing relationship with Hugo Boss and belief in Hugo Boss's long-term future. Frasers Group intends to be a supportive stakeholder and create value in the interests of both Frasers Group's and Hugo Boss' shareholders," Frasers reaffirmed in a statement.

The company also holds a near 37% stake in Mulberry and has said it could make an offer for the British luxury brand.

© Thomson Reuters 2024 All rights reserved.