German premium fashion house Hugo Boss reported a 7 percent drop in full-year sales while restructuring efforts kept margins stable, pointing to further challenges ahead.

German premium fashion house Hugo Boss sees growing signs that the fashion industry has turned the corner and expects it to get back to past growth rates from 2011 as well-heeled shoppers splash out again.

After months of negotiations with unions, Hugo Boss has finally closed its factory in Cleveland, Ohio, thereby cutting 300 jobs. These job cuts will take place between now and April.

Permira doesn't plan to exit from media company ProSiebenSat.1 and fashion label Hugo Boss for a couple of years, the German head of the private equity company said.

German fashion house Hugo Boss does not expect business to improve on a full-year basis before 2011 but plans to increase capital spending on opening new shops slightly next year.

Hugo Boss gave a gloomy outlook for the rest of the year after its third-quarter operating earnings fell by almost a third and missed analysts' estimates, as consumers continued to shun high-end fashion.

Hugo Boss is paying particular attention to its Boss Black Womenswear line. Elegance, sophistication and precision of cuts have been stressed since the launch of the label in 2000, which will now be aided by Graeme Black who has joined the creative team in a consulting capacity.

Lower spending on extravagant suits and dresses led to a wider second-quarter operating loss at Hugo Boss but the German fashion house kept its outlook in place.

Hugo Boss has announced that Christoph Auhagen has been appointed as a member of the managing board, as Chief Brand Officer. He will be responsible for the development and product-relevant control of Hugo Boss' brands.

Andreas Stockert has arrived at Hugo Boss. He joins the German group as Chief Operating Officer and is judged to be endowed with a “deep knowledge of logistics and supply chains” by Hellmut Albrecht, Chairman of the Supervisory Board.

Hugo Boss reported an 8 percent drop in first-quarter underlying operating profit on Thursday 30 April as demand for its suits and dresses eased amid the economic downturn.

Ingo Wilts, vice-president of Boss Black, Boss Selection and Boss Green, will leave Hugo Boss in the summer. This news was confirmed to FashionMag.com by the German group.

German fashion house Hugo Boss expects profitability to grow this year despite slowing sales, it said on Thursday March 26 after reporting better-than-expected 2008 earnings.

German fashion house Hugo Boss will battle the economic slowdown by boosting the number of its own stores and using more flexible distribution to foster the brand's international presence.

Top European fashion houses Louis Vuitton and Hugo Boss (BOSG_p.DE) on Thursday said Christmas trading proved robust, sending a comforting message as the retail industry is hit by the worst downturn in decades.

The German fashion company Hugo Boss said on Thursday, October 30 that its nine-month net profit had fallen and dropped its forecasts owing to the economic slowdown.

The German clothing retailer Hugo Boss said on Thursday, July 31st that its second-quarter results remained in the red but confirmed its full-year forecast.

Claus-Dietrich Lahrs, the CEO of leading French fashion house Christian Dior Couture, was Thursday May 13th named head of German ready-to-wear company Hugo Boss, a statement from that company said.

Claus-Dietrich Lahrs, the CEO of leading French fashion house Christian Dior Couture, will become head of German ready-to-wear company Hugo Boss, German daily Handelsblatt reported on Wednesday 14th.

Directors and staff at the German fashion retailer Hugo Boss have reached an agreement that guarantees jobs and German work sites, the private equity group that owns Hugo Boss said Wednesday March 19th.

Tension is growing at Hugo Boss against its new owner, the British investment fund Permira, with some accusing it of pillaging the German fashion retailer that has lost a top director and is set to lose another.

German fashion retailer Hugo Boss said Tuesday March 18th that the head of its supervisory board would leave, with the news coming just a few weeks after the departure of its managing board president.

The chairman of German fashion house Hugo Boss is about to resign amid a row with the company's owner, British private equity group Permira, the German weekly Wirtshaftswoche reported.

The German fashion house Hugo Boss might appoint Hans Fluri as interim head of the company to replace chief executive Bruno Saelzer who stepped down last week, a press report said on Wednesday February 14th.

German fashion house Hugo Boss may soon be on the look-out for acquisitions to grow and wants to buy a second brand name, the group's chairman Bruno Saelzer said in a newspaper interview published on Tuesday, July 24th.

Permira doesn't plan to exit from media company ProSiebenSat.1 and fashion label Hugo Boss for a couple of years, the German head of the private equity company said.

Private equity investor Permira is in talks to buy back some of the debt it amassed to purchase Italy's Valentino Fashion Group two years ago, sources close to the matter said.

European private equity firm Permira is preparing a number of companies for flotation or trade sale over the coming six to 24 months, co-managing partner Kurt Bjorklund said.

Tension is growing at Hugo Boss against its new owner, the British investment fund Permira, with some accusing it of pillaging the German fashion retailer that has lost a top director and is set to lose another.

The chairman of German fashion house Hugo Boss is about to resign amid a row with the company's owner, British private equity group Permira, the German weekly Wirtshaftswoche reported.

Private equity firm Permira PERM.UL is in exclusive talks to buy more than half of famed Italian fashion house Valentino V.MI, it said on Friday, dimming the chances of a bid battle with U.S. rival Carlyle.