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Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer

11 June 2026 at 14:58

Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake

Shares in Hugo Boss jumped nearly 10% on Thursday after the company said it would “thoroughly examine” a near-€2bn takeover approach from the Sports Direct owner Frasers Group.

Mike Ashley’s fashion and sportswear business has pounced on the German fashion house, in which it already owns just over a 26% stake, saying late on Wednesday that it was offering about €1.98bn (£1.73bn) to take full control .

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© Photograph: Danish Siddiqui/REUTERS

© Photograph: Danish Siddiqui/REUTERS

© Photograph: Danish Siddiqui/REUTERS

Weight-loss drug users save more than £400 a year on food as take-up triples

10 June 2026 at 14:29

Research suggests households that include a GLP-1 user collectively spent £780m less on grocery bills

Weight-loss drugs are saving users’ households more than £400 a year on grocery bills, according to a survey, which found use of GLP-1s has nearly tripled in the past two years to 1.9 million adults.

More than 6.3% of households in Great Britain now include at least one GLP-1 user, according to the research by Worldpanel by Numerator. This marks a sharp rise from 4.1% of households in 2025 and 2.3% in 2024.

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© Photograph: Ashok Saxena/Alamy

© Photograph: Ashok Saxena/Alamy

© Photograph: Ashok Saxena/Alamy

‘Ugly in a beautiful way’: Denmark’s mullet championship celebrates divisive hairstyle

Danish follicle rebels go head to head in competition for best short-in-the-front, long-in-the-back cut

Business in the front, party in the back. A packed Danish crowd has celebrated the much-maligned but enduring mullet hairstyle, defined by very short hair at the front and longer hair at the back.

Denmark’s raucous 2026 Mullet Championship, presented on an outdoor stage in central Copenhagen, attracted 12 well-coiffed competitors and more than 1,000 spectators.

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© Photograph: James Brooks/AP

© Photograph: James Brooks/AP

© Photograph: James Brooks/AP

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