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Hugo Boss chief executive steps down

Fashion brand Hugo Boss has announced that its chief executive Claus-Dietrich Lahrs is to step down from the managing board of the company at his request as part of a mutual agreement.

GENERAL MERCHANDISE

Hugo Boss chief executive steps down

Fashion brand Hugo Boss has announced that its chief executive Claus-Dietrich Lahrs is to step down from the managing board of the company at his request as part of a mutual agreement.

The company thanked Lahrs for his “long and very successful work” as chief executive over the last eight years. The brand’s supervisory board has now begun a search for his replacement, but in the interim his duties will be handled by other members of the managing board.

Supervisory board chairman Michel Perraudin said: "Claus-Dietrich Lahrs has put his stamp on the development of Hugo Boss during the past years. For the brand he has paved the way for an international future and he has positioned the company well in the market.”

Hugo Boss also announced that Bernd Hake, senior vice president of EMEA, Middle East and India, will join the managing board on 1 March. He will be responsible for sales and retail.

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