Hugo Boss AG
(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) Back On Track For Growth in 2010 With Sales Increasing by 7% to EUR 325 Million
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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