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Muted consumer sentiment was having an impact on Hugo Boss's business in the current quarter

Hugo Boss sees broadly stable sales in 2025

Hugo Boss said muted consumer sentiment was having an impact on its business in the current quarter as it today forecast 2025 sales broadly in line with last year's level.

Business • 13 Mar

Hugo Boss said improvements in Germany offset softer sales trends in France and in Britain, while it also saw further sales improvements in the US

Hugo Boss third quarter operating profit beats forecasts

Hugo Boss said its third quarter operating profit slightly beat market expectations, as the company reported a 1% increase in currency-adjusted group sales amid persistently weak demand in China.

Business • 05 Nov 24

British sports and fashion retailer Frasers is the second biggest shareholder of Hugh Boss

Hugo Boss shareholder Frasers wants to buy more shares

Hugo Boss' second-biggest shareholder, British sports and fashion retailer Frasers, has filed a request to acquire more shares in the German company, according to a filing with the German competition authority seen by Reuters.

Business • 26 Aug 24

This is the second time this year that Hugo Boss has cut its sales guidance

Hugo Boss cuts full year sales guidance over weak demand

German fashion house Hugo Boss has cuts its sales and earnings forecasts for the year, citing weakening global consumer demand, especially in China and the UK, sending its shares down as much as 10%.

Business • 16 Jul 24

Mike Ashley's Frasers Group has withdrawn its case against Morgan Stanley

Morgan Stanley, Frasers settle lawsuit over margin call

UK retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said today.

Business • 03 May 24

German fashion house Hugo Boss has today posted a 6% rise in first-quarter earnings before interest and taxes to €69m

Hugo Boss profit tops expectations, but China lags

Hugo Boss has today beaten first-quarter operating profit expectations, as it managed to rein in costs while still investing in its brand and products to boost sales.

Business • 02 May 24

Shares in Hugo Boss are on track for their worst day in eight years today

Hugo Boss outlook misses expectations amid slowing demand

Hugo Boss has today warned of much slower sales growth this year and forecast a profit below analyst estimates, sending shares in the German fashion house down 17% and set for their worst session in eight years.

Business • 07 Mar 24

Frasers boss Mike Ashley has accused Morgan Stanley of snobbery

Morgan Stanley forced Frasers off books with margin call

Morgan Stanley used an "unrealistic" and "inappropriate" near $1 billion margin call to force trades held by retail tycoon Mike Ashley's Frasers group off its books partly out of snobbery, London's High Court has been told.

Business • 22 Feb 24

Sales at Hugo Boss reached €4.20 billion in 2023, up from €3.65 billion a year earlier

Hugo Boss shares sink as Q4 profit disappoints

Hugo Boss shares sank 10% today after its operating profit for the fourth quarter missed expectations, though sales continued to grow.

Business • 16 Jan 24

Hugo Boss said its quarterly sales rose 15% to €1.03 billion from €933m a year ago

Q3 sales at Hugo Boss match market expectations

Hugo Boss has today reaffirmed its full-year outlook after posting quarterly results in line with analysts' expectations, supported by strong demand for its products despite a broader downturn in the luxury sector.

Business • 02 Nov 23

Hugo Boss has stayed resilient in the slowing US and European market

Hugo Boss lifts outlook as revamp drives expansion

German fashion house Hugo Boss has today raised its full-year outlook after reporting a 20% jump in second-quarter sales, as a brand revamp and marketing push helped it overcome sector-wide sluggish demand in China and the US.

Business • 02 Aug 23

Hugo Boss shrugs off weaker US sentiment

German fashion house Hugo Boss has raised its 2025 sales target, betting on strong demand across its markets as it proved immune to weaker US consumer sentiment.

Business • 15 Jun 23

Hugo Boss had pre-released its annual results in January, with sales rising 27% to €3.65 billion

Hugo Boss forecasts slowing sales in 2023

German fashion house Hugo Boss has today forecast slower sales and earnings growth for 2023, sending its shares down as much as 4%.

Business • 09 Mar 23

Frasers said it now holds 4.3% of Hugo Boss stock directly and a further 28.5% via the sale of derivatives known as put options

Frasers raises Hugo Boss exposure and buys ASOS stake

Mike Ashley's Frasers Group said today it had increased its maximum exposure to Hugo Boss to £840m.

Business • 24 Oct 22

Consumers undeterred by inflation-induced steeper prices continue to spend on luxury skin care and fragrance

Coty beats revenue estimates on strong demand

Coty has today beaten Wall Street expectations for fourth-quarter revenue, as consumers undeterred by inflation-induced steeper prices splurge on luxury skin care and fragrance.

Business • 25 Aug 22

Frasers said it now holds 4.9% of Hugo Boss stock directly and a further 26% of stock indirectly

Frasers raises Hugo Boss exposure up to $937m

Mike Ashley's Frasers Group said today it has increased its maximum exposure to Hugo Boss to $937m and reiterated its support for the German fashion brand's strategy and management team.

Business • 22 Jun 22

Russia and Ukraine accounted for around 3% of group sales for Hugo Boss in 2021

Hugo Boss forecasts strong 2022 despite halt in Russia

German fashion house Hugo Boss said it expects to record a healthy increase in sales and profits in 2022 despite a temporary halt to its business in Russia due to the war in Ukraine.

Business • 10 Mar 22

Hugo Boss said its online sales jumped 72% in the first quarter of 2021

Hugo Boss expects sales to double in second quarter

German fashion house Hugo Boss saw first-quarter sales almost double in mainland China, and its casualwear business returned to growth, predicting a rebound in the rest of the business in the course of 2021 as Covid-19 lockdowns ease.

Business • 05 May 21

Formalwear only accounted for 25% of sales in 2020, down from 35% in 2019, Hugo Boss said

Smarter dressing in store for Hugo Boss

Hugo Boss said it expects its business will continue to suffer in the first quarter but forecast a gradual recovery from April as people buy new clothes when they emerge from lockdowns.

Business • 11 Mar 21

Hugo Boss expects virus hit to worsen before recovery

German fashion house Hugo Boss said it expects the impact of the coronavirus pandemic to get worse before it gets better after reporting a 17% fall in first-quarter sales.

Business • 05 May 20

Europe was the fastest-growing region for Hugo Boss in the fourth quarter - in particular Britain and France

Hugo Boss sales accelerate in key Christmas quarter

German fashion house Hugo Boss has predicted more expansion this year after it saw sales growth pick up at the end of 2018, helped by strong growth in China, Britain and France and as well as online.

Business • 22 Jan 19

Hugo Boss reports a rebound in growth at its own stores as well as in the US

Hugo Boss reports sales recovery for stores, US markets

German fashion house Hugo Boss reported a 5% increase in currency-adjusted sales in the fourth-quarter, highlighting a rebound in growth at its own stores as well as in the US.

Business • 16 Jan 18

Hugo Boss