Hugo Boss news and archive

Hugo Boss to strengthen bodywear category with new appointment

Hugo Boss has appointed Béatrice Cené to the role of head of design & creative technical product development bodywear and hosiery (BW&H). Born in France, she has been working for the Metzingen-based fashion group since May 1. Cené's appointment is intended to strengthen the bodywear division. The 47-year-old, who will report directly to...

Business

Hugo Boss launches a dedicated denim line under Hugo Blue

Following the brand refresh in 2022, Hugo Boss is expanding its portfolio with Hugo Blue, a new line dedicated to denim under the Hugo brand. Set to launch with a summer collection in 2024, the company said in a release, Hugo Blue will introduce the well-known Hugo logo representing a bold, fresh, and young style. The aesthetic of the brand line...

BusinessFeatured

Hugo Boss expects to cross 4 billion euros revenue target in FY23

Hugo Boss first quarter sales amounted to 968 million euros, representing an increase of 25 percent both currency-adjusted and in group currency. Revenues strongly exceeded pre-pandemic levels by 44 percent currency-adjusted. In light of the strong financial performance in the first quarter, the company has raised its top- and bottom-line...

Business

Hugo Boss signs Pakistan Accord, commits to workplace safety

German fashion group Hugo Boss has announced the signing of the Pakistan Accord, which sees it make a commitment to the protection of health and safety for its garment workers. The Pakistan Accord was first introduced late last year as an extension of Bangladesh’s 2021 International Accord for Health and Safety in the Textile and Garment...

Fashion

Hugo Boss joins Metaverse Fashion Week

Metaverse fashion week has added Boss to its roster of brands, which also sees Dolce & Gabbana, Coach, Tommy Hilfiger and Adidas participate in its Fall 2023 edition. The three day event, which ends Friday, 31st March, sees Boss operating a virtual showroom as an extension of its SS23 Miami fashion show. In a statement the company said the...

BusinessFeatured

Hugo Boss 2022 revenues cross 3 billion euros, raises dividend

Hugo Boss announced Wednesday that sales in fiscal year 2022 increased by 27 percent currency-adjusted to 3.7 billion euros. In group currency, that translated to an increase of 31 percent. The company noted that the robust performance was achieved despite high levels of macroeconomic and geopolitical uncertainty in fiscal year 2022, including...

Business

Standard Ethics issues first sustainability ratings to Burberry and Hugo Boss

Standard Ethics, the self-regulated sustainability rating company, has announced that Burberry and Hugo Boss are among the first fashion brands to be analysed and rated for the SE European Fashion and Luxury Index. In a press release, Standard Ethics assigned the Corporate Standard Ethics Rating (SER) “EE” to the British heritage label Burberry....

BusinessFeatured

Hugo Boss reports strong sales growth, expects full year profit to exceed forecast

On a preliminary basis, currency-adjusted revenues in the fourth quarter increased by 15 percent at Hugo Boss compared to the prior-year period, thus exceeding 2019 levels by 29 percent. In reporting currency, sales grew by 18 percent to 1,068 million euros. The group anticipates that operating profit (EBIT) will increase by 47 percent to 335...

Business

Frasers Group updates on investment in Hugo Boss

Frasers Group Plc (FRAS.L ZVX.F), a British retail, sport and intellectual property group, Friday issued an update regarding its investment in German luxury fashion brand Hugo Boss AG (HUGSF.PK). Frasers' current investment in Hugo Boss now comprises 2.71 million shares of common stock, representing 3.9 percent of Hugo Boss's total share capital...

Business

Hugo Boss, Coty Renew License Deal

Hugo Boss AG, a German luxury fashion house, and Coty Inc. (COTY), an American-French beauty company, said on Tuesday that they renewed their license deal beyond 2035, including all Boss and Hugo fragrances for men and women. With this move, Coty has renewed its license for the next six years. The average remaining duration of Coty's top six...

Business

Hugo Boss announces charitable foundation with environmental focus

German fashion giant Hugo Boss AG has set up a charitable foundation that will focus on environmental protection. The Hugo Boss Stiftung gGmbH will begin its work as a full subsidiary of the Hugo Boss AG on 1st January 2023. The foundation is intended to enable the company to expand its existing charitable commitment in the areas of education,...

Business

Nadia Kokni to take over as SVP global marketing at Hugo Boss

Nadia Kokni has been appointed senior vice president global marketing at Hugo Boss Ag. The company said in a release that she will join the company on January 1, 2023, and take over from Miah Sullivan. Sullivan is leaving the business to pursue other business opportunities outside the company, and to start her own “brand heat agency” together...