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Hugo Boss posts Q1 profit fall, but expects growth to pick up

Thursday, May 7, 2015 - 05:50

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Mr Lahrs, CEO, said Hugo Boss was feeling the impact of muted consumer sentiment in Europe

Berlin

GERMAN fashion house Hugo Boss said it expected sales and profit growth to pick up during the rest of the year as it invests in its brand after reporting lower than expected first-quarter net profit.

Hugo Boss's reported net profit fell 7 per cent to 75.6 million euros (S$

sentifi.com

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