Hugo Boss’ Q2 Sales Surpass €1 Billion, with a Year-on-Year Growth of 20%, China Market Soars by 56%

Aug 10, 2023

On August 2nd, German fashion luxury group Hugo Boss announced its key financial data for the second quarter of the fiscal year 2023. Continuing its strategic approach from previous quarters, the company rigorously executed “CLAIM 5,” once again driving performance to new heights. Calculated at constant exchange rates, the sales revenue increased by 20% year-on-year, reaching 1.026 billion euros (+17% based on actual exchange rates). Compared to 2019 before the pandemic, sales surged by an impressive 52%, and growth accelerated further compared to the first quarter. Benefi …