Hugo Boss: a third quarter that defies the most optimistic forecasts

Hugo Boss reports an increase in sales for its third quarter. A feat at a time when European and American markets are slowing down. This dynamic performance enables the German luxury brand to confirm its annual forecasts.

 

Like lightning in an overcast sky, Hugo Boss reported double-digit growth when it presented its third-quarter results on Thursday November 2.

 

Sales climbed 15% over the period to 1.03 billion euros ($1.09 billion) from 933 million euros a year earlier. At constant exchange rates, sales were up 10%.

 

Operating income rose by 12% to 103 million euros.

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Fatured Photo: © Hugo Boss

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Victor Gosselin
Victor Gosselin is a journalist specializing in luxury, HR, tech, retail, and editorial consulting. A graduate of EIML Paris, he has been working in the luxury industry for 9 years. Fond of fashion, Asia, history, and long format, this ex-Welcome To The Jungle and Time To Disrupt likes to analyze the news from a sociological and cultural angle.

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