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Mike Ashley’s Frasers Warns Hugo Boss It Will Not Back Dividends

Summary by Financial Times
UK retailer says German brand should use cash on value-enhancing measures instead of payouts

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Hugo Boss major shareholder Mike Ashley suddenly no longer wants dividends. The owner of the sporting goods retailer Frazers demands that the fashion company grow instead of paying out cash. The Briton now owns more than 25 percent of Boss. Shareholders are thrilled.

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Bloomberg broke the news in United States on Friday, July 4, 2025.
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