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Written by Yoni Van Looveren
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Hugo boss turnover grows 8 %

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Food3 August, 2014

Growth in every market

Hugo Boss’ second quarter turnover reached 558.9 million euro, a 5 % turnover increase after exchange rate fluctuations. European turnover grew 10 %, American turnover 7 %, while Asia ‘only’ managed a 2 % increase.

 

“Our consistently strong growth in Europe and our upturn in the Americas form
the basis of these very solid quarterly results
,” said Claus-Dietrich Lahrs, CEO and
Chairman.. “Despite the persistently
difficult environment in some key markets, we will grow even faster in the second
half of the year, particularly in terms of earnings. We will expand our presence
and brand strength in womenswear so as to secure long-term, profitable growth

following on from this year’s double-digit sales increases”.

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