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Hugo Boss sales increase 4% in Q4 FY19

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Germany-based fashion company Hugo Boss has achieved strong sales growth in Q4 FY19. Group sales increased 4 per cent on a preliminary basis, adjusted currency rates. In the reporting currency, this represents an increase of 5 per cent to €825 million compared to €783 last year. The sales accelerated in Europe while remained challenging in Hong Kong. 

 

The sales in Great Britain and France grew by 8 per cent while in Germany, an increase in sales in the own retail business did not fully compensate for a persistently difficult wholesale business. In the Asia-Pacific region, sales rose 4 per cent in the Q4 mainly due to the ongoing strong sales momentum in mainland China, where the group once again achieved significant double-digit growth. 

 

Contradictory, the environment in Hong Kong, remained difficult in the Q4. The persistently challenging market environment continued to weigh on sales performance in the US and Canada. Overall sales in the US decreased 7 per cent in the final quarter, Hugo Boss said in its analysis of results for the quarter.  

 

In total, currency-adjusted sales in the own retail business increased 7 per cent in Q4. The intensification of online partnerships in the concession model over the course of the year and the completed renovations of strategically important Boss stores carried out in the prior quarters made a disproportionately high contribution to growth in the own retail business. Supported by the strategic expansion of the online concession model, own online sales growth accelerated to 52 per cent in Q4, adjusted for currency effects, the company said. 

 

Currency-adjusted sales in the wholesale business decreased 4 per cent. The market environment in Germany and the US remained challenging. 

 

Hugo Boss is one of the leading companies in the premium segment of the global apparel market. From collections to service. The Boss and Hugo mens’ and womenswear not only cover businesswear, casual outfits and athleisurewear, but also elegant eveningwear for special occasions.

Fibre2Fashion News Desk (JL)





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✨ Women Mixed Print Long Sleeve Shirt Dress Casual Loose Office Lady Spring Fall Mid-Calf Streetwea

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Beyoncé está a própria perfeição nas fotos da OTR II/EVERYTHING IS LOVE #beyonc…

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Beyoncé está a própria perfeição nas fotos da OTR II/EVERYTHING IS LOVE 🤤❤️ #beyonce #jayz #otrii #everythingislove



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Just 6 Survivor Australia beauty tips from the 2020 Survivor contestants.

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Sure, you can dunk yourself in mud if you want to, but if you want to give mud a try, just be selective with where you get your mud from. For example, mud found in a random puddle in a swamp? Probs don’t smother that all over your body. Ask yourself, would my health be in danger if this mud made its way into any of my bodily orifices? If the answer is yes, steer clear.

At home, your best mud beauty option is a face mask with clay in it. Pro tip: clay masks do their best work when they’re still moist (sorry). To avoid the mask drying out your skin, try not to leave it on for too long once it’s gotten to the dry, cracking phase.

2. Island facials.

So far, Shonee has been one of the most social players on Survivor Australia: All Stars. She’s everyone’s friend, and being a good friend means giving great skincare advice.

In an un-aired clip from the series, Shonee can be seen teaching Harry all about his skin’s barrier and why hydration is king. She also showed Zach the power of exfoliation. On the island, that looks like rubbing some wet sand on your face.

So, should you exfoliate your face with wet sand? Short answer: no, but if you’re stuck on a deserted island and that’s all you’ve got to work with, sure.





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