Posts tagged: Manager Magazin

Mike Ashley said to be in talks to buy Hugo Boss, according to Manager Magazin

Friday, 21 May 2021, 11:40 am

Hugo Boss shares are up over 5pc this morning following a report from a German magazine that Mike Ashley is weighing a takeover bid to buy the fashion brand outright.

Wily Ashley, the controversial billionaire owner of Newcastle United Football Club, has been building a stake in Hugo Boss for sometime but now the monthly Manager Magazin is claiming he is "in talks" to buy the whole business for over EURO 3.2 billion. Below is a link to the piece:..