Sports Direct owner Mike Ashley tightens hold on Hugo Boss

Guardian World•Tue, Aug 18, 2026, 08:49 AM•2 min read

Frasers Group increases stake in German fashion house to 48%, after buying Harvey Nichols chain last week Business live – latest updates The retail billionaire Mike Ashley has given the latest indication that his summer shopping spree may be far from over, after he increased his stake in the luxu...

Source: [Guardian World](https://www.theguardian.com/business/2026/aug/18/sports-direct-mike-ashley-hugo-boss-frasers-group-harvey-nichols)

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