Company type | Public (Aktiengesellschaft) |
---|---|
FWB: BOSS MDAX Component | |
Industry | |
Founded | 1924 |
Founder | Hugo Ferdinand Boss |
Headquarters | , Germany |
Key people | Daniel Grieder (CEO) Yves Müller (CFO/COO) Oliver Timm (CSO)[1] |
Products | High-fashion Accessories Footwear |
Revenue | €4.2 billion (2023)[2] |
€410 million (2023)[2] | |
€270 million (2023)[2] | |
Total assets | €3.472 billion (2023)[2] |
Total equity | €1.311 billion (2023)[2] |
Owners | Free Float (83%) Marzotto family (15%) Own shares (2%) |
Number of employees | 18,738 (2023)[2] |
Website | hugoboss |
Hugo Boss AG (stylized as HUGO BOSS) is a luxury fashion company headquartered in Metzingen, Baden-Württemberg, Germany. The company sells clothing, accessories, footwear, and leather goods. Hugo Boss is one of the largest German clothing brands,[3] with global sales of about €4.2 billion in 2023.[2] Its stock is a component of the MDAX.[4] The company's fashion brands are Boss and Hugo. Hugo Boss also sells licensed brand products for children's fashion, eyewear, watches, home textiles, riding apparel, writing utensils and fragrances.[5]
The company was founded in 1924 in Germany by Hugo Ferdinand Boss and originally produced general-purpose clothing. In the early 1930s, Hugo Boss began to produce and supply military uniforms for the Nazi Germany government, resulting in a large boost in sales.[6] After World War II and the founder's death in 1948, Hugo Boss started to turn its focus to men's suits. The company went public in 1988 and introduced a fragrance line that same year, adding men's and women's wear diffusion lines in 1997, a full women's collection in 2000, and children's clothing in 2006–2007. The company has since evolved into a major global fashion house. As of December 2023, it operated 1,418 retail stores worldwide.[2]
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