Hugo Boss AG

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Hugo Boss Q2 sales knocked by Covid store closures Beth Wright | 4 Aug 20

Temporary store closures as a result of the global Covid-19 pandemic weighed on German luxury fashion brand Hugo Boss in the second quarter where group sales more than halved on last year.

Fashion industry efforts to address global PPE shortages – Update just-style | 27 Jul 20

Texollini, Chargeurs*PCC Fashion Technologies, and Crystal International are among the latest fashion firms to mobilise their production facilities and supply chains to help address the global shortage of personal protective equipment (PPE), including face masks and hospital gowns, amid the coronavirus (Covid-19) pandemic. 

Frasers Group ups Hugo Boss stake to 10.1% Beth Wright | 30 Jun 20

Frasers Group, formerly known as Sports Direct International, has almost doubled its stake in German luxury fashion brand Hugo Boss.

Ex Tommy Hilfiger chief Grieder to take reins at Hugo Boss Beth Wright | 17 Jun 20

German luxury fashion brand Hugo Boss has named former Tommy Hilfiger boss Daniel Grieder as its future CEO.

Frasers Group buys 5% stake in Hugo Boss Michelle Russell | 15 Jun 20

Frasers Group, formerly known as Sports Direct International, has bought a 5.1% stake in German luxury fashion brand Hugo Boss.

Hugo Boss moves to Q1 loss as sales slide Michelle Russell | 5 May 20

German luxury fashion brand Hugo Boss has moved to a loss in its first-quarter as global store closures due to the coronavirus (Covid-19) pandemic weighed on sales.

Global retail staff and salary reductions amid Covid-19 – Update just-style | 1 May 20

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:

Pandemic puts East European garment workers at risk too Michelle Russell | 28 Apr 20

Garment workers in Serbia, Ukraine, Croatia and Bulgaria are said to be earning less than a living wage producing clothes for German fashion brands – with many having to carry on despite the Covid-19 pandemic.

Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 

Hugo Boss CEO Mark Langer to depart Beth Wright | 23 Mar 20

Hugo Boss CEO Mark Langer is to leave the executive board of the German luxury fashion brand later this year in mutual agreement with the company. 

Hugo Boss releases first vegan men's suit Beth Wright | 17 Mar 20

German luxury fashion brand Hugo Boss has launched its first animal-free men's suit, certified with the PETA-Approved Vegan logo.

Hugo Boss expects "significant" Q1 impact from coronavirus fallout Beth Wright | 5 Mar 20

German luxury fashion brand Hugo Boss expects the economic consequences of the coronavirus (Covid-19) outbreak to have a "significant" impact on the group's sales and profit development in 2020, particularly in the first quarter. 

Hugo Boss shares up as group meets FY targets Beth Wright | 21 Jan 20

Shares in Hugo Boss have increased this morning (21 January) as the German fashion brand has achieved its adjusted targets for the 2019 financial year thanks to a "significant" increase in sales and earnings in the final quarter.

Tiger of Sweden names Linda Dauriz CEO Beth Wright | 12 Nov 19

Stockholm-based fashion house Tiger of Sweden has named Hugo Boss executive, Linda Dauriz, as its new CEO.

Hugo Boss shares slip on Q3 profit tumble Beth Wright | 5 Nov 19

A challenging market environment in both North America and Hong Kong has weighed on third quarter earnings at Hugo Boss in the third quarter, but the German fashion brand expects a "significant" increase in earnings in the fourth quarter.

Hugo Boss cuts FY outlook as US challenges continue Beth Wright | 15 Oct 19

German fashion brand Hugo Boss has slashed its full-year outlook, blaming a lack of local demand in North America and political unrest in Hong Kong for preliminary third-quarter results that were below the group's expectations.

Hugo Boss latest to make CmiA commitment Michelle Russell | 11 Sep 19

German clothing firm Hugo Boss has become the latest company to sign up to the Cotton made in Africa (CmiA) initiative with new products using the fibre set to hit the shelves next spring.

Joined-up approach needed for truly green supply chains – Hugo Boss sustainability chief Beth Wright | 11 May 19

It's been almost a year since Hugo Boss outlined its latest, annually revised set of ambitious sustainability targets and the German premium fashion brand continues to make progress towards its goals, including upping its use of more responsibly sourced cotton and reducing the number of potentially hazardous substances within its supply chain. Driving these efforts is Andreas Streubig, director of global sustainability, who also tells just-style of his concerns that despite efforts by individual companies, a concerted industry approach is still in its beginning when it comes to driving systematic change.

Hugo Boss optimistic despite Q1 profit drop Beth Wright | 3 May 19

German fashion brand Hugo Boss remains optimistic on the year ahead, having reaffirmed its guidance sales and earnings outlook despite a double-digit drop in first-quarter profit.

Asia and online to boost Hugo Boss 2019 Beth Wright | 7 Mar 19

Hugo Boss CEO Mark Langer has hailed 2018 as a "good year" for the German fashion brand but promised 2019 will be even better with strong momentum in the group's own online business and in Asia set to make a "significant contribution".

Strong Q4 helps Hugo Boss to hit FY targets Beth Wright | 22 Jan 19

Shares in Hugo Boss were up by more than 5% this morning (22 January) as the German fashion brand hit its targets for 2018 and recorded acceleration in sales growth.

Speed, Asia and online key to boosting sales, says Hugo Boss Beth Wright | 15 Nov 18

German fashion brand Hugo Boss has outlined a new strategic business plan, designed to increase the desirability of its Boss and Hugo brands through investments in speed and personalisation. The company, which is hosting an investor day in London today (15 November), has also revealed plans to increase group sales by an average of between 5%-7% per year through the expansion of its online business and exploiting its growth potential in Asia.

How technology is helping to build supply chain trust Beth Wright | 19 Oct 18

New tools and technologies are helping the apparel industry to build smarter, transparent – and more trusted – supply chains. Executives from Hugo Boss and Mango were among speakers at last week's IAF World Fashion Convention sharing their experiences.

Adidas, C&A, Esprit set out new sustainability roadmaps Leonie Barrie | 23 Aug 18

Brands and retailers including Adidas, C&A, Esprit, Hugo Boss, KiK, Lidl, Primark and Puma are among 116 members of the German based Partnership for Sustainable Textiles who have submitted roadmaps outlining concrete steps to increase sustainability in their textile supply chains.

Hugo Boss hails "robust" Q2 sales growth Beth Wright | 2 Aug 18

Hugo Boss has hailed "robust" sales growth in the second quarter and confirmed its outlook for the full year, despite failing to prevent a fall in earnings.

Hugo Boss partners on pineapple leaf shoe Beth Wright | 6 Jun 18

As part of its sustainability efforts German fashion brand Hugo Boss has developed a new menswear shoe produced with Piñatex, a natural-based material made of pineapple leaf fibres.

Hugo Boss outlines new sustainability agenda Beth Wright | 4 May 18

German fashion brand Hugo Boss has outlined a series of new sustainability goals, including plans to up its use of sustainable cotton, reduce the use of chemicals in its products, and to make a significant contribution to five of the United Nations' Sustainable Development Goals (SDGs).

Hugo Boss hails successful start to year Beth Wright | 2 May 18

German fashion brand Hugo Boss hailed a successful start to 2018 as earnings and revenue climbed in the first quarter thanks, in the main, to double-digit sales growth in Asia Pacific.

Langer to remain as Hugo Boss CEO amid FY sales hike Beth Wright | 8 Mar 18

German fashion brand Hugo Boss has agreed to extend the tenure of its CEO Mark Langer for a further three years after successfully putting the business "back on the road to growth".

Hugo Boss hits 2017 growth targets on strong sales Michelle Russell | 17 Jan 18

Hugo Boss saw its share price climb in trading yesterday (16 January) as the German fashion brand hit its targets for 2017 and signalled its turnaround is gathering further pace.





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