BERLIN — On the heels of its third record-breaking year in a row, Hugo Boss is projecting high-single-digit increases in currency-adjusted sales and earnings before interest, taxes, depreciation and amortization in 2013, driven by the group’s growing retail business.
Final 2012 figures released Thursday confirmed preliminary results published in February. Net income rose 8 percent to 307 million euros, or $394.8 million, and EBITDA allowances before special items gained 13 percent to 529 million euros, or $680.3 million. Sales rose 14 percent to 2.35 billion euros, or $3.02 billion, which corresponds to currency-neutral growth of 10 percent.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"