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Hugo Boss AG

Hugo Boss shares up as group meets FY targets

21 January 2020 | Beth Wright

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.... read more

Tiger of Sweden names Linda Dauriz CEO

12 November 2019 | Beth Wright

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

Hugo Boss shares slip on Q3 profit tumble

5 November 2019 | Beth Wright

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.... read more

Hugo Boss cuts FY outlook as US challenges continue

15 October 2019 | Beth Wright

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.... read more

Hugo Boss latest to make CmiA commitment

11 September 2019 | Michelle Russell

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.... read more

Joined-up approach needed for truly green supply chains – Hugo Boss sustainability chief

11 May 2019 | Beth Wright

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.... read more

Hugo Boss optimistic despite Q1 profit drop

3 May 2019 | Beth Wright

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.... read more

Asia and online to boost Hugo Boss 2019

7 March 2019 | Beth Wright

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".... read more

Strong Q4 helps Hugo Boss to hit FY targets

22 January 2019 | Beth Wright

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.... read more

Speed, Asia and online key to boosting sales, says Hugo Boss

15 November 2018 | Beth Wright

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.... read more

How technology is helping to build supply chain trust

19 October 2018 | Beth Wright

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.... read more

Adidas, C&A, Esprit set out new sustainability roadmaps

23 August 2018 | Leonie Barrie

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.... read more

Hugo Boss hails "robust" Q2 sales growth

2 August 2018 | Beth Wright

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.... read more

Hugo Boss partners on pineapple leaf shoe

6 June 2018 | Beth Wright

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.... read more

Hugo Boss outlines new sustainability agenda

4 May 2018 | Beth Wright

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).... read more

Hugo Boss hails successful start to year

2 May 2018 | Beth Wright

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.... read more

Langer to remain as Hugo Boss CEO amid FY sales hike

8 March 2018 | Beth Wright

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".... read more

Hugo Boss hits 2017 growth targets on strong sales

17 January 2018 | Michelle Russell

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.... read more

Hugo Boss raises guidance on solid Q3 sales

2 November 2017 | Michelle Russell

German fashion brand Hugo Boss has lifted its full-year guidance on the back of growth in Europe and Asia and – for the first time in two years – growth of its US own retail business.... read more

Hugo Boss launches digital showroom, ends physical samples

1 November 2017 | Beth Wright

German fashion brand Hugo Boss has developed a digital showroom for its Hugo brand that will see it stop preparing complete collections of physical samples for the line's order phase and instead offer the brand exclusively in digital form.... read more

Hugo Boss hails "good" progress amid Q2 profit hike

2 August 2017 | Beth Wright

German fashion brand Hugo Boss says its strategic realignment is beginning to take effect as the company made "good" progress in the second quarter, with its US business expanding for the first time in two years.... read more

Hugo Boss makes sustainable cotton commitment

30 June 2017 | Beth Wright

German fashion brand Hugo Boss is the latest of more than 460 partners from across the global supply chain to join the Cotton Leads programme for responsibly-produced cotton, in a show of support for the sustainability credentials of Australian and US cotton.... read more

Adidas leading the way in tackling leather supply forced labour

29 June 2017 | Beth Wright

Publicly available information reveals very little on how - apart from auditing suppliers – brands and retailers address forced labour risks in countries where they produce hides, process leather, and manufacture leather goods. However, German sportswear giant Adidas marks the exception, new research shows.... read more

Hugo Boss appoints Müller as new finance chief

31 May 2017 | Michelle Russell

German fashion brand Hugo Boss has appointed Yves Müller as finance chief following a year-long search to fill the vacant role.... read more

Hugo Boss FY earnings slump on sales declines

13 April 2017 | Michelle Russell

German fashion brand Hugo Boss has booked a drop in earnings in its last fiscal year, weighed down by declines in its core Boss brand and in its domestic market.... read more

Hugo Boss sees stability in 2017 as FY profit plummets

10 March 2017 | Michelle Russell

German fashion brand Hugo Boss says 2017 will be a period of stabilisation after a year that saw sales slip and earnings tumble by nearly 40%, weighed down by company-specific challenges and a difficult market environment.... read more

Adidas and Burberry awarded 'gold' for sustainability work

20 February 2017 | Michelle Russell

German sportswear giant Adidas and UK fashion brand Burberry have both been recognised as leaders for their sustainability practices, with Hugo Boss, Kering and Gildan Activewear also receiving recognition.... read more

Hugo Boss adjusts FY guidance on improved Q4

17 January 2017 | Michelle Russell

Hugo Boss says it now expects operating profit to reach the upper end of its forecast as the German luxury fashion brand revealed better than expected sales and earnings in its fourth-quarter.... read more

Hugo Boss reaffirms FY on costs cuts and China

2 November 2016 | Beth Wright

German luxury fashion brand Hugo Boss booked lower sales and earnings growth in its third-quarter, but shares jumped as the group reaffirmed its full-year guidance and revealed improved sales in China.... read more

Hugo Boss hires G-Star's Lucia as Americas head

7 September 2016 | Michelle Russell

German fashion brand Hugo Boss has appointed G-Star executive Anthony Lucia to the role of president and chief executive of the group's Americas division. ... read more

Hugo Boss to close China stores amid improved Q2

5 August 2016 | Michelle Russell

German luxury fashion brand Hugo Boss is to close around 20 stores in China as it vows to become more customer-centric, faster and more flexible, amid the first signs of a potential turnaround under new CEO Mark Langer.... read more

Union takes Hugo Boss CEO to task over Turkish workers

31 May 2016 | Beth Wright

A global union has used the first annual general meeting with Hugo Boss's new chief executive officer Mark Langer to criticise the luxury fashion brand's production conditions in Turkey. ... read more

Hugo Boss promotes financial chief as CEO

17 May 2016 | Beth Wright

German fashion brand Hugo Boss has appointed its chief financial officer Mark Langer as its new chief executive officer after 'careful' consideration.... read more

Hugo Boss still criticised for mistreating Turkish workers

8 April 2016 | Michelle Russell

German fashion brand Hugo Boss continues to be criticised by global unions over the treatment of Turkish workers at its largest production facility in Izmir.... read more

Hugo Boss to close 20 China stores amid review

10 March 2016 | Michelle Russell

Hugo Boss is to close around 20 stores in China and tackle heavy discounting in the US in a bid to safeguard long-term sales and profit growth, as it revealed a fall in full-year earnings and lower margins.... read more