Hugo Boss expects to double sales in Q2
6 days ago - By Fashion United
Hugo Boss corporate communications
In the first quarter of 2021, Hugo Boss sales declined by 8 percent, currency-adjusted, while in group currency, sales decreased 10 percent to 497 million euros. The company said, while the negative implications of the Covid-19 pandemic continued to weigh on key European markets, momentum further accelerated along the strategic growth drivers - online, mainland China and casualwear.
In addition, sequential improvements in the important U.S. business as well as a robust performance of the group's wholesale business contributed positively to the overall...
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