Hugo Boss : Q3 in line with prelims, stepping up growth investments in Q4
>Final Q3 2021 results are in line with prelims, strong free cash flow - Hugo Boss today released final Q3 2021 results in line with preliminaries which were out mid- October. Sales grew 40% y-o-y excluding forex to € 755m driven by a strong performance in Europe (+38%) supported by the UK and France and the Americas (+94%) with a solid showing from North and Latin America. Retail (+40%) as well Wholesale (+ 40%) grew in sync. Within Retail, own online business grew 3...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.
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