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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

UK's Frasers plans to boost stake in Hugo Boss to more than 50%

Frasers, the British retail giant, is setting its sights on expanding its influence in the fashion industry by increasing its stake in Hugo Boss to over fifty percent. This strategic ambition comes on the heels of a previous takeover attempt that fell through in June. While Frasers evaluates its support for Hugo Boss Chairman Stephan Sturm, the German brand reassures stakeholders that no board changes will result from this announcement.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/update-2-uks-frasers-plans-to-boost-stake-in-hugo-boss-to-more-than-50/133703724
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