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February 18, 2008
Hugo Boss Loses CEO Over Management Issues
Hugo Boss CEO Bruno Sälzer is leaving the company over a difference of opinion on how to manage the fashion house. Sälzer has headed the business since 2002 and is credited with strengthening the brand’s accessories and women’s wear business.
He is reportedly unhappy with some of the demands set down by Permira, the private equity group that acquired Hugo Boss last year.
A successor for Sälzer has yet to be named.
Posted by Blacks on February 18, 2008 09:00 AM
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