Hugo Boss said on Tuesday that it had exceeded its full year sales targets after fourth quarter earnings helped propel the German fashion house back to nearly pre-pandemic levels. The full balance sheet will be published on March 10.
HUGO BOSS AG / Key word(s): Quarter Results/Change in ForecastHUGO BOSS AG: HUGO BOSS RECORDS STRONG TOP- AND BOTTOM-LINE IMPROVEMENTS IN Q3 2021 AND RAISES GUIDANCE FOR FULL YEAR 202114-Oct-2021 / 19:35 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Metzingen, October 14, 2021HUGO BOSS RECORDS STRONG TOP- AND BOTTOM-LINE IM
New Hugo Boss chief executive Daniel Grieder wants to buy other brands in order to grow the German fashion house, he was quoted as saying in an interview with Manager Magazin. "We are pursuing a platform approach that will enable us to grow further also through acquisitions," Grieder told Manager Magazin, adding he saw particular potential in Europe, although it was premature to give any names. The former head of Tommy Hilfiger also dismissed reports that Hugo Boss might attract new investors in the short term, saying: "That is not up for debate at the moment."