Hugo Boss once made brown shirts for the Nazi Party and uniforms for the Wehrmacht. Before long the German fashion label may be controlled by a Tommy. Last month Mike Ashley, a British retail tycoon, unveiled a €2bn ($2.3bn) cash offer for the 74% of shares in Hugo Boss that he did not already own, subject to regulatory approval. On July 27th the European Commission gave its clearance for a deal. Shareholders of Hugo Boss now have until August 13th to decide whether to accept Mr Ashley’s offer.
