Hugo Boss AG
FRA:BOS3 ISIN:DE0005245500
Hugo Boss AG (ETR:BOS3) is a Germany-based manufacturer of clothing for the international fashion market. The Company is represented by two core brands: BOSS and HUGO. The Company’s core brand, BOSS includes such collections as BOSS Black, providing business ensembles, casual sports clothing and evening wear for men and women; BOSS Selection, offering luxury menswear and accessories; BOSS Orange, offering casual, vibrant colors fashion for men and women; and BOSS Green, a fashion-oriented collection of menswear which also offers accessories. The HUGO brand provides unconventional and avant-garde fashion for men and women. It also offers shoes and leather accessories, as well as fragrances, cosmetics, watches and eyewear. As of December 31, 2009, the Company had 52 subsidiaries throughout the whole world.
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(Global Fashion Wire) - The international fashion group HUGO BOSS (ETR:BOS3) has reached an agreement with its most important franchise partner in the United Kingdom Moss Bros (LON:MOSB) to acquire 15 monobrand stores and related assets. The transaction will take effect on April 1, 2011. The buyout includes the Regent Street store in the capital and the recently opened locations in London's New Bond Street and Manchester's New Cathedral Street.
HUGO BOSS AG (ETR:BOS3) is back on track for growth in 2010. With sales increasing by 7% to EUR 325 million the second quarter recorded much more dynamic growth then the first quarter that was still affected by the orders of our retail partners that recovered slowly from the 2009 recession. In the first half of the year, Group sales totaled to EUR 769 million (-2%), nearly on previous year's level.
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