Hugo Boss lifts quarterly sales one-fifth to €1bn
Hugo Boss has raised its full-year forecast after the German high-end fashion house boosted second-quarter sales by a fifth to €1bn, bucking a trend of slowing sales at other European premium brands.
The company said on Wednesday that Germany and France led strong sales in Europe, while sales in the US rose 16 per cent. Operating profit for the quarter was €121mn, up 21 per cent year-on-year.
Several European luxury brands such as LVMH and Cartier-owner Richemont have reported slower sales growth in…
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