Key facts
- Daniel Grieder will leave Hugo Boss at his own request, effective January 1, 2027, the company said.
- David Epstein has been chief brand partnerships officer at Frasers Group since 2024.
- Frasers Group raised its Hugo Boss stake above 50% in October, taking majority control.
- Frasers Group's earlier takeover bid for Hugo Boss, at 2 billion euros, was unsuccessful.
- Michael Murray, Frasers Group chief executive, became chairman of the Hugo Boss supervisory board in September.
Hugo Boss said on November 12 that CEO Daniel Grieder would step down and leave the company at his own request, effective January 1, 2027. The German fashion group said David Epstein, who has served as chief brand partnerships officer at Frasers Group since 2024, will succeed him as CEO.
Frasers Group, already Hugo Boss's largest shareholder, took majority control of the company in October after raising its stake above 50%, months after an unsuccessful 2 billion euro takeover bid. The British retailer is controlled by billionaire Mike Ashley and has been expanding its presence in the premium and luxury segments.
The appointment follows a series of leadership changes at Hugo Boss in 2026. In September, the company named Michael Murray, chief executive of Frasers Group, as chairman of its supervisory board.