Frasers Group chief Michael Murray nominated for Hugo Boss board in shake-up Frasers Group has won its fight for its chief executive to be nominated for a seat on the Hugo Boss board.
Boss boss: Frasers Group chief exec Michael Murray (pictured) will run for election at Hugo Boss's annual shareholder meeting next year.
Frasers is the second largest shareholder in Hugo Boss with a 15.18 per cent stake – just behind Italy’s Marzotto family’s 15.45 per cent stake.
Michael Murray, the son-in-law of the retail giant’s largest shareholder Mike Ashley, will run for election at the German fashion firm’s annual shareholder meeting next year.
But Boohoo chief executive Dan Finley and co-founder Mahmud Kamani are urging investors to rebuff Frasers Group’s efforts at an emergency vote on Friday.