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February 07, 2008

Hugo Boss Reports Profit, Sales Surge In 2007

Net profit at Hugo Boss surged 20% in 2007 to $211 million, driven by the strength of retail, women’s wear, shoes and accessories.

Company-owned retail grew 25% to $328 million while sales of women’s wear rocketed 29% to $287 million.

Total group sales increased 9% to $2.2 billion. The German apparel company predicts continued strong growth in 2008.

Posted by Blacks on February 7, 2008 09:56 AM

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