Hugo Boss

Hugo Boss AG
Company typePublic (Aktiengesellschaft)
FWBBOSS
MDAX Component
Industry
Founded1924; 100 years ago (1924)
FounderHugo Ferdinand Boss
Headquarters,
Germany
Key people
Daniel Grieder (CEO)
Yves Müller (CFO/COO)
Oliver Timm (CSO)[1]
ProductsHigh-fashion
Accessories
Footwear
Revenue4.2 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]
OwnersFree Float (83%)
Marzotto family (15%)
Own shares (2%)
Number of employees
18,738 (2023)[2]
Websitehugoboss.com

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]

  1. ^ "Managing Board)". group.hugoboss.com.
  2. ^ a b c d e f g h "Hugo Boss Annual Report 2023" (PDF).
  3. ^ Edwards, Kinga (October 19, 2023). "Fashion ranking: Top 20 clothing retailers in Germany". E-commerce Germany News. Retrieved March 11, 2024.
  4. ^ "MDAX Stocks". Business Insider. Retrieved November 25, 2022.
  5. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  6. ^ Cite error: The named reference one was invoked but never defined (see the help page).