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The Business of Fashion

Metzingen, Germany

Luxury

Hugo Boss Expects Demand for Suits to Return Despite Quarterly Sales Slump

The German luxury house saw its sales drop 59 percent and reported revenue of $323.5 million in the second quarter, missing analyst expectations.

Retail

Hugo Boss Sees Recovery in Third Quarter at Earliest

The German suit maker warned it expects second-quarter sales to fall by at least 50 percent.

Retail

Hugo Boss Expects 50% Sales Drop Next Quarter as Crisis Impact Worsens

The German suit maker's first-quarter sales fell by 17 percent as a result of shuttered stores.

Workplace & Talent

Hugo Boss CEO Mark Langer to Exit

Langer will leave the German fashion house on September 30 but will continue on as a consultant until the end of the year due to the Covid-19 outbreak.

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Retail

Golden Goose Acquired By Permira

Current owner Carlyle aimed for bids valuing the Italian sneaker brand at no less than €1.2 billion, per sources.

Workplace & Talent

Inside a Cross-Functional Team of Technological Innovators at Hugo Boss

BoF discovers how the German company, which reported €2.8 billion in sales in 2018, developed one of their experimental technology teams using existing employees to drive innovation across the business.

Luxury

Hugo Boss Sees Recovery Elsewhere After Hong Kong Hit

The German luxury house predicts a rise in operating profit in the fourth quarter, despite falling sales in the US and declining growth in Asia.

Luxury

Hugo Boss Plunges to 9-Year Low as Turnaround Unravels

The German brand's stock fell as much as 13 percent as suitmakers struggle to adjust to the trend toward casual office attire.

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Luxury

Hugo Boss Pares Outlook Due to Challenges in US Market

Shares in the suit-maker fell as much as 3.8 percent in early Frankfurt trading, their biggest intraday decline in two months.

Luxury

Hugo Boss Sales Accelerate in Key Christmas Quarter

Europe was its fastest-growing region, where sales rose at double-digit rates, while China recorded high single-digit store sales growth.

Workplace & Talent

Building an Agile Business at Hugo Boss

Empowering its work force to innovate without fear of failure, Hugo Boss is encouraging its teams to tap into a world class infrastructure to transform the fashion world from within.

Luxury

Hugo Boss Forecasts Sales, Earnings Accelerating

The company aims to stay more on top of trends and grow e-commerce services, leading them to expect accelerated sales and operating margins of 15 percent by 2022.