The HUGO BOSS Group has kept growing dynamically for the fifth consecutive year in 2014. Sales and operating profit reached new record levels. In the fourth quarter as well, the Group recorded solid improvements of sales and profit, although the business environment deteriorated significantly compared to the previous quarters. Thus, the Group has met its financial targets announced in November 2014.
"In 2014, we demonstrated that we stay on course even in difficult market conditions. While the fashion industry stagnated or even shrunk in many markets, we have clearly grown,” commented Claus-Dietrich Lahrs, CEO of HUGO BOSS AG. “As a result, we added a billion euro to sales and tripled profits within only five years. 2015 will not become any easier in light of the many economic and political uncertainties, but we are confident it will be another growth year for HUGO BOSS.”
Click the PDF icon to download the full release.