GERMANY: Hugo Boss Expects High Single-Digit Growth
Luxury goods brand Hugo Boss AG says it predicts to see sales growth in the high single-digit percentage range this year, with pre-tax profit increasing in line with sales.
The company added that it expects this year's gross margin to top that of 2004.
Hugo Boss, Germany's largest clothing maker, in January reported its first annual sales growth since 2001 on increased demand for its suits and women's clothing lines.
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