Hugo Boss chairman to step down as Frasers pushes for more influence
Hugo Boss chairman Stephan Sturm is to leave the German fashion group's supervisory board next month as Frasers Group continues its push to increase its influence over the business.
Sturm will step down on 15 October, having joined the supervisory board in 2025. Hugo Boss said his departure follows “constructive discussions against the backdrop of the recent changes” in its shareholder structure.
The move comes as Shirebrook-based Frasers, which owns Sports Direct, Flannels and House of Fraser, continues to pursue a majority... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
