Increase at women fashion by Hugo Boss

By: trademagazin Date: 2008. 03. 28. 00:00

Fashion group's sales grow 9% to EUR 1,632 million, Earnings before interest and taxes (EBIT) increased by 19% to EUR 220 million.

In Germany, HUGO BOSS again saw sales
rise by 4% to EUR 361 million, in the rest of Europe, sales over the
past financial year showed a 12% rise to EUR 762 million, with
particularly encouraging growth of 37% being recorded in Eastern
European markets.

For the American continent, the 2007
accounts recorded a total increase in sales of 18% after currency
adjustments or 9% in the reporting currency. Sales in the USA
improved by 20% in dollar terms and 10% in Euros to EUR 215 million.

In addition to BOSS Womenswear, where
sales rose by 29% to EUR 209 million, shoes and leather accessories
(up by 16% to EUR 176 million compared with EUR 151 million in 2006)
and sales in the Group's directly operated stores (a rise of 25% to
EUR 239 compared with EUR 192 million in 2006) accounted for a
significant proportion of the encouraging trend of sales.