THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
KNOWLEDGE CENTRE
PARTNER DATABASE
ABOUT US
CONTACT US
REGISTER
Hugo Boss enjoys record sales in 2012

German fashion brand Hugo Boss enjoyed the most successful year in its history in 2012 as profits were driven by "significant sales growth and strict management of operating expenses".

GENERAL MERCHANDISE

Hugo Boss enjoys record sales in 2012

The company said post-tax profits rose 8% to €285 million following strong performances from its retail and wholesale divisions as well as in all of its regions worldwide. 

EBITDA before special items increased by 13% to €529 million. Group sales grew 10% to reach £2.35 billion.

Hugo Boss said that the double-digit growth in sales and earnings meant that 2012 was the most successful year in the company’s history.

Claus-Dietrich Lahrs, CEO, commented: "The positive business performance  in 2012 has brought us a good step closer to achieving our medium-term targets. Despite the still challenging market environment, I am confident that we will continue to post stronger growth than the overall market in 2013."

 







 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe for retail news

RETAIL EVENTS

TRB CONFERENCES
Omnichannel Summit 2018
Omnichannel Summit 2018
7 February 2018
The Cavendish Conference Centre, London W1
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Retail Customer Engagement Summit 2018
Retail Customer Engagement Summit 2018
5 June 2018
Cavendish Conference Centre, London W1
The 9th Annual Retail Customer Engagement Summit
Retail Human Resources Summit 2018
Retail Human Resources Summit 2018
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
TRB FORUMS
GDPR for HR Q&A
GDPR for HR Q&A
24 January 2018
6th Floor, 1 St Martin's Le Grand, London EC1A 4AS
All your GDPR questions answered by experts...
Wellbeing and Benefits Roundtable
Wellbeing and Benefits Roundtable
07 March 2018
6th Floor, 1 St Martin's Le Grand, London EC1A 4AS
Wellbeing and Benefits Roundtable 2018