Hugo Boss: 2018 sales up slightly
(CercleFinance.com) - Hugo Boss has published preliminary 2018 sales figures of nearly 2.
8 billion euros, up 2% as reported and up 4% at constant exchange rates.
The clothing company said that the dynamic growth in its own retail business was the main contributor, adding that its online sales business for the first time exceeded 100 million euros in sales.
Thanks to this growth in sales, coupled with strict cost management, the German group expects EBITDA before extraordinary items that, overall, is at the same level as the previous year (497 million euros).
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