Hugo Boss owner sells down, slower than expected

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Hugo Boss owner sells down, slower than expected

hugo boss
Eine Frau geht am 06.03.2014 in Metzingen (Baden-Württemberg) mit Einkaufstüten am Eingang des Hugo Boss-Fabrikverkaufs vorbei. Der Modekonzern Hugo Boss will seine Fabrikverkaufsfläche drastisch erhöhen. Photo by: Sebastian Kahnert/picture-alliance/dpa/AP Images | Sebastian Kahnert/Sebastian Kahnert/picture-alliance/dpa/AP Images

The private equity owner of Hugo Boss sold down a €400m stake in the German fashion firm on Tuesday night, a smaller chunk than many in the market had expected which helped drive demand.

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