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Hugo Boss Sees Improvement, Though Not Enough

BERLIN - Affected by the cost of store openings, Hugo Boss reported a net loss of 5.5 million euros, or $6.9 million, on a 16 percent rise in sales to 252.2 million euros, or $316.7 million, in the second quarter ending June 30.<BR><BR>But the loss...

BERLIN – Affected by the cost of store openings, Hugo Boss reported a net loss of 5.5 million euros, or $6.9 million, on a 16 percent rise in sales to 252.2 million euros, or $316.7 million, in the second quarter ending June 30.

But the loss represented an improvement on the year-earlier period, when losses totaled 6.2 million euros, or $7.8 million. And Boss’s net income for the first half surged 19 percent, to 54.2 million euros, or $68.1 million.


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