BERLIN — A change in the collection cycle pushed net income down 14 percent in the third quarter at Hugo Boss, while higher marketing expenses and costs related to the group’s retail expansion negatively impacted earnings before interest, taxes, depreciation and special items.
Sales for the Metzingen-based group rose 5 percent in the period.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)