Hugo Boss : Roadshow feedback – Rebranding to start a multi-year growth cycle
>Confirming financial targets for FY 2022 and FY 2025 - We were on roadshow with Hugo Boss management in Paris. CFO Yves Mueller confirmed financial targets for 2022 and 2025 and that the positive trend seen in Q4 continued in Q1 2022. The goal is to grow the size of the company until 2025 and to achieve revenues of € 4bn (2021: € 2.8bn) and an EBIT margin of 12% (2021: 8.2%). He also stated that he would rather achieve € 4bn revenues at 12% EBITA compared with lower...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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