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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 is making an executive decision. Under the leadership of CEO Daniel Grieder, who joined the almost 100-year-old German company in June of 2021, the clothing brand will get a new look aimed at millennials and Gen Z, who tend to be a more digitally…
Luxury fashion brand Hugo Boss has committed to a premium resale platform, which is set to launch in the third quarter of this year, encouraging customers to buy pre-owned items. According to the company, resale is a fast-growing market that helps reduce the…
German luxury fashion house Hugo Boss has launched its first Boss flagship store on Tokyo’s famous shopping street the Ginza. Spanning two stories, the Hugo Boss Japan flagship occupies 480sqm of the Tokyu Plaza Ginza shopping centre. The store features a…
German fashion giant Hugo Boss returned to profitability in Q3, after having reported losses in Q2, and also said that it was focused on business recovery via digital channels and in China as pandemic-linked uncertainty continues. Overall, it’s quarterly…
Hugo Boss sales returned to strong growth in China in June and global online sales jumped 74 percent in the second quarter, even as the German fashion house reported an overall 59-per-cent fall in sales for the period due to lockdowns. Analysts at Baader…
Fashion label Hugo Boss is expanding its online reach to the Asia Pacific market. The German brand has added 22 more countries to its e-commerce portfolio, including Australia, New Zealand, Japan, and Singapore, along with markets in Europe. Customers from…
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…
Sales by Hugo Boss in Asia rose by 4 percent in the latest quarter. However, the German fashion company observed that double-digit growth in Mainland China overshadowed a “tougher” market environment in Hong Kong and Macau. Worldwide sales rose by 4 percent,…
German menswear retailer Hugo Boss has seen sales growth accelerate in the fourth quarter of 2018, driven by Asia. Comparable-store sales rose 4 per cent compared to the previous corresponding period and online sales rose 37 per cent, marking the fifth…
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…
International fashion brand Hugo has launched a standalone flagship in Singapore. The Ion Orchard store showcases the brand’s latest Autumn/Winter 2018 collection in a 146sqm retail space. A promotional Hugo Reversed personalised t-shirt will be available in…
Among the investors who snapped up shares in luxury e-commerce marketplace Farfetch after its September IPO was one buyer with little interest in operating profits or projected revenue. People for the Ethical Treatment of Animals pounced on shares in the…
Hong Kong provided German fashion group Hugo Boss with its strongest market growth terms in the second quarter Sales in Hong Kong and Macau were not disclosed, but the company described growth as being in the double-digits. Sales in Mainland China rose 8 per…
Hugo Boss Vietnam has opened its first standalone store for men – Hugo – at Vincom Ba Trieu, Hanoi. Located at the front of the Vincom shopping centre, the 100sqm store displays basic items from the brand’s business and casual collections, along with Hugo’s…
Fashion label Hugo Boss is about to launch its first line of vegan footwear – sneakers for men crafted from pineapple leaf fibre. The pineapple sneakers have been created in response to rapidly growing consumer demand for more sustainable and cruelty-free…
