7 Feb 2014

HUGO BOSS closes fiscal year 2013 with significant sales and earnings growth in the fourth quarter

In fiscal year 2013, the HUGO BOSS Group increased sales and profit, reaching the targets it had set itself. Adjusted for currency effects, the fourth quarter made a substantial contribution to this development with double-digit sales growth and a significant improvement in earnings.

“We have made good progress over the year just ended in our efforts to scale up our own retail business and strengthen the premium and luxury claim of our core BOSS brand. We are going to rigorously drive forward this realignment towards end customers,” Claus-Dietrich Lahrs, CEO of HUGO BOSS AG commented. “Given the positive development of the closing quarter, we have reason to be confident about the current year. We have set ourselves the target to grow faster than last year and to outperform our industry.”

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HUGO BOSS closes fiscal year 2013 with significant sales and earnings growth in the fourth quarter

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Hugo Boss

Country: Germany