Frasers Group, a prominent UK retail corporation, recently unveiled an unexpected voluntary takeover bid for Hugo Boss. Their goal is to procure the remaining shares of the renowned German fashion brand and obtain complete ownership. Currently, Frasers Group…
Hugo Boss, a renowned German fashion company, recently disclosed a slight increase in sales for the preceding fiscal year, which concluded with a robust last quarter. The company’s sales for the fiscal year 2025 demonstrated a 1% drop, reaching EUR 4.27…
Boss is broadening its market reach in Southeast Asia by introducing its premier athleisure-oriented retail outlets in Indonesia. The brand has unveiled two new stores in Jakarta, located in the prestigious Grand Indonesia and Central Park Mall. The store in…
Suntory Boss Coffee has relaunched its Iced Mocha in Australia and New Zealand, boasting an enhanced recipe that combines flash-brewed coffee and a rich chocolate taste. The drink is designed as a sweet yet invigorating refreshment, targeting busy…
Three ex-Wirecard bosses could face ten years in prison after prosecutors issue indictments, while one former executive is still on the run. In June 2020, German fintech Wirecard was forced to admit that there was a 1.9 billion euros ($2.2 billion) hole in…
Premium fashion brand Boss has collaborated with NFT company Boss Beauties to introduce the Boss x Boss Beauties Dream Like a Boss program, which aims to mentor young women. One of the Boss Beauties NFTs is on auction until March 12 and the revenue will be…
Ferrari, the sports car maker synonymous with roaring petrol engines, welcomes the shift to electric powertrains and is confident of retaining its lead in the market for high-performance cars, its chairman said on Monday. The European Union last month…
Sergio Ermotti is donating 1 million francs towards pandemic relief efforts. The UBS boss is working from home in his native Ticino, which borders the hardest-hit area in Europe. The Swiss wealth manager’s CEO said he has dispersed 1 million Swiss francs…
Fashion label Hugo Boss has reported a staggering 52-per-cent leap in online sales which helped drive a 9 percent boost in operating profit. The German brand, which has been struggling lately, says the fourth-quarter sales growth of 4 percent to euro 825…
AirAsia has appointed Jun Aida as representative director and COO to lead AirAsia Japan, effective 1 January 2020. Jun will take over from Jenny Mayuko Wakana who will be stepping down 31 December. As a member of AirAsia’s senior leadership team, Jun will be…
German fashion retailer Hugo Boss sees Asia as a cornerstone of its growth strategy, saying while it already enjoys above-average growth in the region, there is potential for more. In a briefing to investors in London, the company’s managing board said it…
German fashion house Hugo Boss has posted better-than-expected sales growth helped by a pick up in sales in China and North and Latin America. The business posted a five per cent increase in sales for the first quarter to €650 million (AUD$1.03bn), in…
With second-quarter sales rising by 14 per cent, Hugo Boss China has shined for German luxury fashion house. With double-digit sales growth on a like-for-like basis, the Chinese mainland continued to perform significantly better than Hong Kong and Macau, says…
Studio City and Taubman Asia, have revealed the lineup of fashion brands that will open inside The Boulevard at Studio City. A mix of fashion-forward labels and internationally-renowned luxury brands include Macau’s first Balmain, Macau’s first Belstaff, and…