Home / Knowledge / News / Apparel/Garments / Red & Black to place 4.5 mn shares of HUGO BOSS
Red & Black to place 4.5 mn shares of HUGO BOSS
Nov '11
The HUGO BOSS Group was informed by Red & Black Holding GmbH that this company will place 4.5 million HUGO BOSS AG preferred shares in an accelerated bookbuilding process met by strong demand from institutional investors.

As a result of the placement, the free float of the HUGO BOSS AG preferred share will increase to now 19.1 million shares. This will represent around 57% of the preferred shares outstanding. The Group expects the higher free float to further improve the attractiveness of the share among institutional investors and to increase the weighting in the MDAX.

As a result, Red & Black Holding GmbH, Oberursel, a company majority controlled by Permira Funds, will own 14.6 million preferred shares and 31.6 million ordinary shares of HUGO BOSS AG based on the latest voting rights notification and taking into account the shares to be placed.

With a holding of 66% of the total share capital outstanding the company will remain the Group's single largest investor. According to information acquired, Red & Black Holding GmbH committed to a six month lock up period for the remaining stake.


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Kaizad Hansotia

Competition is the best thing that can happen to a startup

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search