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.
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)