Hugo Boss: reassuring Q1 numbers and FY25 outlook reiterated
Hugo Boss has reported reassuring Q1 2025 results this morning: the FX-n sales decline of 2% was less negative than expected (CSSe: -4%) while the EBIT contraction was also less pronounced than initially feared (-12% to EUR61m vs. CSSe EUR50m) as another GM miss was offset by tight opex discipline.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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