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HUGO BOSS : strongly accelerates its business recovery – significant top- and bottom-line improvements in the second quarter

Metzingen, August 4, 2021 Currency-adjusted Group sales increase 133% as compared to Q2 2020 Sales remain only 4% below Q2 2019 levels, with all regions, channels, and brands contributing EBIT amounts to EUR 42 million in the second quarter Strong free cash flow generation of EUR 134 million FY 2021 outlook: Currency-adjusted Group sales to grow between 30% and 35%; EBIT expected between EUR 125 million and EUR 175 million Our strong performance in the second quarter impressively demonstrates the great potential of our two brands BOSS and HUGO, says Daniel Grieder, Chief Executive Officer of HUGO BOSS AG. We are well prepared to further drive our business recovery also in the second half of the year. Looking ahead, I am convinced that our strong brands, diversified business model, and highly motived teams will enable HUGO BOSS to unlock its full potential in the years to come.

Hugo Boss expects recovery to continue through 2021

Hugo Boss expects recovery to continue through 2021
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Modekonzern Hugo Boss: Neuer Chef krempelt Hugo Boss um

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Hugo Boss Aims to Double Sales to $4 75 Billion by 2025

Hugo Boss Aims to Double Sales to $4 75 Billion by 2025
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