Metzingen, 13 November 2026 – Hugo Boss AG said on 12 November that Chief Executive Officer Daniel Grieder will leave the company at his own request on 31 December 2026. The German fashion group’s supervisory board appointed David Epstein, Frasers Group plc’s chief brand partnerships officer, to succeed him on 1 January 2027. Grieder has led Hugo Boss since June 2021. The succession comes as the company expects 2026 operating profit of EUR 250 million to EUR 300 million, after cutting its outlook earlier in November.
For Asian retailers and investors in premium fashion, the appointment puts an executive with experience in brand distribution in charge at a difficult moment for sales. Frasers is already Hugo Boss’s largest shareholder, and Epstein’s appointment connects the two groups at the management level. The company confirmed the succession, but did not announce any changes to its store network, distribution agreements or regional strategy.
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