The Future's Bright For Hugo Boss

Filed Under: Fashion Smashion Business Blitz Hugo Boss

Hugo Boss says they're expecting to do much better in the next 4 years than previously expected.

The company raised their mid-term profits on Tuesday from $3.43 billion to $4.12 billion after sales increased 19% in the first 9 months of 2011.

Wow. And that's BEFORE the holidays too.

In an interview with WWD, CEO Claus-Dietrich Lahrs explained:

"Boss has proven it can go through difficult times without suffering as much as others and also that it can recover faster. That is the basis of our realistic optimism for the years to come."

Hopefully the rest of the retail industry will see the same!

[Image via AP Images.]

Tags: claus-dietrich lahrs, hugo boss, sales increase

Posted: November 9, 2011 at 10:30 am