Clothing group Hugo Boss AG on Wednesday posted a six per cent rise in third quarter profit from last year as it celebrated its Boss Woman division reporting its first ever profit.

The company, owned by Italian fashion giant Marzotto, posted a net profit for the latest period of 51.7 million euros but sales down six per cent year-on-year to 353.7 million euros.

Sales at Boss Woman jumped 21 per cent from the year-ago period with that boost helping it make a one million euro net profit, in line with earlier expectations.

For the January to September period, Boss Woman narrowed its losses to 1.6 million euros from 56.3 million euros a year earlier.

"The new direction for Boss Woman is showing its first signs of success, we are now on the right track," commented chairman Bruno Saelzer in a news release.

"We anticipate that turnover for the full year will be at the previous year's level on a currency-adjusted basis," the firm added. "Net profit should show a positive trend and is expected to rise by 10 per cent."