Hugo Boss sales accelerate in key Christmas quarter

The logo of German fashion house Hugo Boss is seen on a clothing label at their outlet store in Mezingen near Stuttgart October 29, 2013. REUTERS/Michael Dalder/File Photo - Copyright Michael Dalder(Reuters)

By Reuters

Published on 22/01/2019 - 08:34•Updated 16/04/2024 - 06:45

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BERLIN (Reuters) - German fashion house Hugo Boss <BOSSn.DE> reported a 6-percent increase in currency-adjusted sales in the fourth-quarter, helped by strong growth in China, Britain and France and as well as its online business.

Hugo Boss said on Tuesday sales grew to 783 million euros (690.5 million pounds) in the fourth-quarter, beating average analyst forecasts for 762 million euros, according to Refinitiv data.

The company said it expected full-year earnings before interest, taxation, depreciation and amortisation (EBITDA) before special items roughly on the prior year level. It publishes full results on March 7.

(Reporting by Emma Thomasson, editing by Riham Alkousaa)

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