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April 25, 2006
Q1 Sales Soar At Hugo Boss
First quarter sales at Hugo Boss soared 15 percent over last year to $74 million.
The rosy results, released Tuesday, prompted the German brand to lift its profit forecast for the remainder of the year. Boss, which is controlled by Italian fashion house Valentino, expects a profit rise of 10 percent to 12 percent this year.
Boss said it benefited from strong sales of its womenswear line and overall growth in the luxury sector.
Posted by Blacks on April 25, 2006 08:03 AM
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