Hugo Boss names Frasers executive David Epstein as CEO

Hugo Boss said Daniel Grieder will step down as chief executive on December 31, 2026, and David Epstein, an executive at majority shareholder Frasers Group, will take over on January 1, 2027. The company said Grieder is leaving at his own request and that its supervisory board appointed Epstein as his successor.

Epstein has been Frasers’ chief brand partnerships officer since 2024. He has worked at the British retailer for more than a decade and previously spent five years as managing director of its Premium and Luxury divisions, according to the companies’ accounts of his career. His appointment places an executive from Hugo Boss’s controlling shareholder in the top operating role.

Frasers reported a 50.08% stake in Hugo Boss in October, giving it majority control. The retailer had increased its holding to 47.89% in August after making an unsuccessful takeover proposal earlier in the year. Hugo Boss considered that proposal financially inadequate and urged shareholders to reject it, according to reporting on the offer.

Frasers chief executive Michael Murray became chairman of Hugo Boss’s supervisory board in September. With Epstein’s appointment, Murray will remain chairman...