Mike Ashley’s Frasers Group plans to build on its stake in Hugo Boss and is weighing up a move to oust a boardroom chair at the German fashion house.

Mike Ashley’s Frasers Group plans to build on its stake in Hugo Boss and is weighing up a move to oust a boardroom chair at the German fashion house.

Aseries of recent stock acquisitions has enabled the Sports Direct owner to expand its overall holding in the luxury business