Hugo Boss : Final Q2 in line, FY 2022 outlook confirmed
>Final Q2 in line with preliminaries - In Q2 2022, sales increased 34% y-o-y excluding FX to € 878m (40% including FX). This reflects the successful re-branding of BOSS and HUGO. Regions: Europe (up 41%) and Americas (up 45%) were driving this while China was down in double digits due to regional lockdowns. Distribution channels: Retail rose 38% while Wholesale could even grow 51%. Digital did face tough comparatives and thus increased 11%. EBIT came in at € 100m, imp...HUGO BOSS Group is engaged in the global apparel market. The Group, which is based in Metzingen Germany employs almost 12,500 people, generated annual sales of EUR 2.4 billion in fiscal year 2013 and is an apparel manufacturer. The Group focuses on developing and marketing high-end women's and men's fashion and accessories. With its brand including the BOSS core brand, the lines BOSS Orange, BOSS Green and the progressive brand HUGO, Co. targets different, consumer groups. The brands consists of modern business wear, evening wear and sportswear, shoes and leather accessories as well as licensed fragrances, eyewear, watches, children's fashion, home textiles and mobile accessories.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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