Frasers Group adds to Puma stake

Puma Carnaby Street store

Source: Puma

The British retail group is now the second-largest shareholder in the German sportswear brand after acquiring a 5.77% stake

Frasers Group also has a major stake in another German retailer, Hugo Boss, where the latest figures suggest it owns 25% of shares. Frasers Group chief executive Michael Murray joined the Hugo Boss board in May last year. 

 

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