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Hugo Boss Says Q3 EBIT Rose 3% To 85 Million EUR
Hugo Boss Presents Growth Strategy "Claim 5" Aimed At Doubling Sales To EUR 4 Bln By 2025
Hugo Boss Records Strong Top- And Bottom-Line Improvements In Q2 2021 & Provides Financial Guidance For Fiscal Year 2021
Hugo Boss AG is a Germany-based developer and marketer of men's and women's clothing and accessories for the international fashion market. Its product portfolio comprises apparel, eveningwear and sportswear, as well as shoes and leather accessories, licensed fragrances, eyewear, watches, children’s fashion, home textiles and writing instruments. The Company's brand portfolio comprises BOSS, BOSS Orange, BOSS Green and HUGO: BOSS comprises business wear, leisurewear and evening apparel, as well as watches, eyewear and fragrances produced under license; BOSS Orange focuses on urban casual wear; BOSS Green comprises sportswear and HUGO provides apparel for both business and leisure, as well as shoes, accessories and licensed fragrances.
Hermann G. Waldemer
Independent Chairman of the Supervisory Board
Independent Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Management Board
Chief Operating Officer, Member of the Management Board
Chief Sales Officer, Member of the Management Board
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German fashion retailer Hugo Boss on Thursday raised its outlook for the current year after third-quarter earnings rebounded above pre-pandemic levels on the back of strong demand in Europe and the Americas.
New Hugo Boss chief executive Daniel Grieder set the ambitious target of doubling sales and ratcheting up profit margins on Wednesday, as the former head of Tommy Hilfiger stamped his mark on the German fashion house.
German fashion house Hugo Boss said on Tuesday it expects its revenue to grow by 30% to 35% this year as customers return to shops with the lifting of COVID-19 lockdowns.
German fashion house Hugo Boss expects sales in mainland China to keep growing fast despite calls for a boycott of Western brands by Chinese consumers launched in late March over Western accusations of forced labour in Xinjiang.
China's top ride-hailing app dropped Swedish fashion retailer H&M from its listings as Chinese celebrities stopped endorsing foreign labels in a growing uproar over Western accusations of forced labour in Xinjiang.
Hugo Boss expects its business will continue to suffer in the first quarter but forecast a gradual recovery from April as people buy new clothes when they emerge from lockdowns.
* IT IS SET TO START TRADING ON MARCH 1 IN FURTHER 26 GERMAN COMPANIES SHARES, INCLUDING SIEMENS, VOLKSWAGEN , ALLIANZ, DEUTSCHE POST, CONTINENTAL, E.ON, DEUTSCHE BANK , PUMA, LUFTHANSA, HUGO BOSS , BORUSSIA DORTMUND
Mike Ashley-led Frasers said on Tuesday it has increased its stake in German luxury fashion house Hugo Boss to 15.2% through stocks and derivatives, part of Ashley's ongoing drive to take the British sportswear retailer upmarket.
German fashion house Hugo Boss <BOSSn.DE> said on Tuesday it was focused on driving a recovery of its business online and in China and tapping into the trend for more casual fashion that has been accelerated by the coronavirus pandemic.
Hugo Boss will only require that many staff work in the office from Tuesday to Thursday even after the coronavirus pandemic, offering the option of remote working on Mondays and Fridays, the German fashion house said on Wednesday.
German fashion house Hugo Boss <BOSSn.DE> expects demand for suits and formal wear to return as coronavirus lockdowns ease even as it adjusts to the rising popularity of casual styles after sales tumbled 59% in the second quarter.
German fashion house Hugo Boss <BOSSn.DE> has appointed Oliver Timm as its chief sales officer with effect from Jan. 1, 2021, just weeks after it hired former Tommy Hilfiger boss Daniel Grieder as its next chief executive.
Mike Ashley's Frasers Group, formerly Sports Direct, said on Monday it has raised its stake in German fashion house Hugo Boss <BOSSn.DE> to 10.1% through stocks and derivatives, part of his drive to take the British sportswear retailer upmarket.
Mike Ashley's Frasers Group , formerly Sports Direct, is looking to build a 10% stake in German fashion house Hugo Boss and gain a seat on the supervisory board, a magazine reported on Thursday.
German fashion house Hugo Boss <BOSSn.DE> has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.
German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.
Mike Ashley's Frasers Group <FRAS.L>, formerly Sports Direct, has taken a 5.1% stake in German fashion house Hugo Boss <BOSSn.DE> through stocks and derivatives, continuing his drive to take the British sportswear and apparel retailer upmarket.
Hugo Boss <BOSSn.DE> expects a recovery in its business in the third quarter at the earliest due to store closures and consumer caution during the coronavirus pandemic, the chief executive of German fashion house said on Wednesday.
Hugo Boss <BOSSn.DE> is seeing signs of a sales rebound in China and online, but expects the impact of the coronavirus crisis to worsen before any recovery kicks in after first quarter sales fell by 17%, which knocked its shares.
German fashion house Hugo Boss said it expected the impact of the coronavirus pandemic to be worse in the second quarter after it reported that sales fell a currency-adjusted 17% in the first, but added that it was seeing signs of a rebound in China and online.
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