The chief executive of Frasers Group, Mike Ashley’s retail giant which owns the likes of Sports Direct and House of Fraser, is in line to take a board seat at Hugo Boss. Michael Murray will take part in an election to become part of the German fashion retailer’s supervisory board. Frasers Group currently holds a 15 per cent stake in Hugo Boss, a total it has been steadily growing in recent years. The retail empire first invested in Hugo Boss whe…

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Frasers Group CEO measured up for Hugo Boss board seat

This renewal would take place due to the planned resignation of Gaetano Marzotto and Robin Stalker, who together with Waldemer, would leave their positions on the board

Esta renovación se llevaría a cabo debido a la dimisión prevista de Gaetano Marzotto y Robin Stalker, quienes junto con Waldemer, dejarían sus cargos en la junta

Stephan Sturm será el presidente del consejo de supervisión de la marca Hugo Boss

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Stephan Sturm will be chairman of the supervisory board of the Hugo Boss brand

For investors of Hugo Boss AG, 2024 will be a year for oblivion.The shares of the German fashion brand have gone down almost 40%, on the way to record its biggest fall in 16 years, and with a performance far lower than that of rivals such as Burberry Group Plc. All in a year already bad for fashion retailers.The executive director, Daniel Grieder, issued his first warning about the results in the middle of the year, citing low spending prospects…

Para los inversionistas de Hugo Boss AG, 2024 será un año para el olvido. Las acciones de la marca de moda alemana han bajado casi un 40%, camino de registrar su mayor caída en 16 años, y con un desempeño muy inferior a la de rivales como Burberry Group Plc. Todo en un año ya de por sí malo para los minoristas de moda.El director ejecutivo, Daniel Grieder, emitió su primera advertencia sobre los resultados a mediados de año, citando perspectivas…

Hugo Boss se renovó como marca de lujo... sin los resultados esperados

Gestion

Hugo Boss was renewed as a luxury brand... without the expected results.

Frasers Group CEO Michael Murray has been nominated for a role on Hugo Boss’ supervisory board as the German retailer unveiled a host of new members today (17 December). Hugo Boss said Stephan Sturm will step in as chairman of the supervisory board, replacing Hermann Waldemer, who has held the position since 2020. The fashion brand has also put forward Murray and Andreas Kurali, the former deputy CFO of US tobacco giant Philip Morris Internation…

Retail Gazette

Frasers CEO Michael Murray nominated for Hugo Boss board seat - Retail Gazette

Hugo Boss has confirmed that Frasers CEO Michael Murray has been nominated for election to its supervisory board. Murray has been nominated alongside Andreas Kurali, the former deputy CFO of US tobacco firm Philip Morris International. The two men will be set to replace Gaetano Marzotto and Robin J. Stalker, who will both step down. Alongside this, Stephan Sturm is to take over as chairman of the board following the next annual shareholders’ mee…

Retail Sector

Frasers CEO nominated for Hugo Boss board position

Michael Murray, the chief executive of Frasers Group, the retail giant controlled by Mike Ashley, is set to join the board of German fashion retailer Hugo Boss

business-live.co.uk

Reach plc

Frasers Group CEO Michael Murray to join Hugo Boss board as he eyes up takeover

The German company's shares have not fallen this much since 2008. The German fashion brand's shares fell by nearly 40 percent, recording the biggest decline in the past 16 years ... ...

A német vállalat részvényei 2008 óta nem zuhantak ekkorát. Közel 40 százalékkal zuhantak a német divatmárka részvényei, és ezzel az elmúlt 16 év legnagyobb visszaesését könyvelhetik ... ...

Dugába dőlt az újjászületés, siralmas évet zár a Hugo Boss

economx.hu

Hugo Boss's rebirth stalled, ending a miserable year

Drapers Hugo Boss nominates Michael Murray in board update
Frasers Group CEO Michael Murray has been nominated for a role on Hugo Boss' supervisory board as the German retailer announces a raft of new members.The post Hugo Boss nominates Michael Murray in board update appeared first on Drapers.

Frasers Group CEO measured up for Hugo Boss board seat

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