Hugo Boss

OverviewSuggest Edit

Hugo Boss is a company engaged in the premium and luxury segment of the apparel market. The Company focuses on the development and marketing of premium fashion and accessories for men and women. It covers a comprehensive product range encompassing classic to modern apparel, elegant evening wear and sportswear, shoes, leather accessories, as well as licensed fragrances, eyewear, watches, children’s fashion, home textiles and mobile accessories.

TypePublic
Founded1923
HQMetzingen, DE
Websitehugoboss.com
Employee Ratings3.6
Overall CultureB

Latest Updates

Employees (est.) (Jun 2022)14,041(+5%)
Job Openings705
Revenue (FY, 2021)€2.8 B(+44%)
Share Price (Aug 2022)€57.1
Cybersecurity ratingCMore
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Key People/Management at Hugo Boss

Ingo Wilts

Ingo Wilts

Chief Brand Officer
Hermann Waldemer

Hermann Waldemer

Chairman, Director
Oliver Timm

Oliver Timm

Chief Sales Officer
Daniel Grieder

Daniel Grieder

Chief Executive Officer of HUGO BOSS AG
Antonio Simina

Antonio Simina

Deputy Chairman
Heiko Schaefer

Heiko Schaefer

Chief Operating Officer
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Hugo Boss Office Locations

Hugo Boss has offices in Metzingen and New York
Metzingen, DE (HQ)
12 Dieselstraße
New York, NY, US
55 Water St 48th floor
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Hugo Boss Financials and Metrics

Hugo Boss Revenue

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Hugo Boss's revenue was reported to be €2.79 b in FY, 2021
EUR

Revenue (Q1, 2022)

772.0m

Gross profit (Q1, 2022)

552.0m

Gross profit margin (Q1, 2022), %

71.5%

Net income (Q1, 2022)

26.0m

EBITDA (Q1, 2022)

115.0m

EBIT (Q1, 2022)

39.0m

Market capitalization (2-Aug-2022)

3.9b

Closing stock price (2-Aug-2022)

57.1

Cash (31-Mar-2022)

234.0m

EV

4.6b
Hugo Boss's current market capitalization is €3.9 b.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

2.8b2.9b1.9b2.8b

Cost of goods sold

(962.1m)(993.3m)(752.7m)(1.1b)

Gross profit

1.8b1.9b1.2b1.7b

Gross profit Margin, %

66%66%61%62%
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

664.0m675.0m720.0m555.0m275.0m533.0m497.0m629.0m755.0m772.0m

Cost of goods sold

(151.0m)(141.0m)(182.0m)(114.0m)(35.0m)8.0m(121.0m)(168.0m)(210.0m)(220.0m)

Gross profit

513.0m535.0m537.0m441.0m241.0m540.0m376.0m461.0m545.0m552.0m

Gross profit Margin, %

77%79%75%79%88%101%76%73%72%72%
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

146.7m132.6m125.3m284.7m

Accounts Receivable

214.1m216.2m172.0m234.5m

Prepaid Expenses

38.7m33.4m18.5m14.7m

Inventories

617.9m626.5m618.5m605.6m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

99.0m106.0m100.0m102.0m115.0m110.0m123.0m138.0m113.0m234.0m

Accounts Receivable

211.0m207.0m223.0m161.0m168.0m182.0m197.0m208.0m218.0m222.0m

Prepaid Expenses

44.0m40.0m39.0m66.0m27.0m14.0m23.0m22.0m19.0m16.0m

Inventories

615.0m641.0m650.0m644.0m644.0m644.0m638.0m609.0m588.0m646.0m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

236.2m205.2m(219.2m)144.1m

Depreciation and Amortization

129.7m362.5m465.3m339.3m

Inventories

(72.3m)3.5m(5.4m)35.3m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

34.0m84.0m145.0m(18.0m)(204.0m)(200.0m)(8.0m)17.0m71.0m26.0m

Depreciation and Amortization

89.0m178.0m260.0m92.0m307.0m393.0m76.0m151.0m230.0m76.0m

Inventories

11.0m(19.0m)(19.0m)(17.0m)(19.0m)(27.0m)(12.0m)14.0m36.0m(37.0m)
EURFY, 2018

Revenue/Employee

196.9k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.9 x
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Hugo Boss Operating Metrics

FY, 2016Q1, 2017H1, 2017FY, 2017Q1, 2018H1, 2018

Retail Stores

1.12 k1.13 k1.13 k1.14 k1.09 k1.09 k

Freestanding Retail Stores

442436438439435435

Active Outlets

149162162160

Shop-in-shops

533538538498

Hugo Boss Acquisitions / Subsidiaries

Company NameDateDeal Size
BIL Leasing Verwaltungs-GmbH & Co. 869 KG
GRAMOLERA Grundstücks-Vermietungsgesellschaft Objekt Ticino mbH
HUGO BOSS Australia Pty. Ltd.
HUGO BOSS Benelux B.V. y CIA S.C.
HUGO BOSS Benelux Retail B.V.
HUGO BOSS Beteiligungsgesellschaft mbH
HUGO BOSS Canada, Inc.
HUGO BOSS China Retail Co. Ltd.
HUGO BOSS Estonia OÜ
HUGO BOSS Fashions, Inc.
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Hugo Boss Revenue Breakdown

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Hugo Boss revenue breakdown by business segment: 23.2% from WHOLESALE, 54.3% from RETAIL TRADE, 19.7% from DIGITAL and 2.8% from Other

Hugo Boss revenue breakdown by geographic segment: 19.5% from AMERICA, 62.5% from EUROPE, 15.2% from ASIA/PACIFIC and 2.8% from Other

Hugo Boss Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Hugo Boss Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Hugo Boss Online and Social Media Presence

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Hugo Boss Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    A+

    88/100

  • Compensation

    B

    72/100

  • Diversity

    C+

    67/100

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Hugo Boss News and Updates

Dow Jones Newswires: Hugo Boss profits double as Americas sales surge

The German premium-apparel maker said net profit for the three-month period was 58 million euros ($59m) compared with EUR23m in the same period a year earlier.

Hugo Boss lifts 2021 targets as its 3Q sales and earnings exceed forecasts

Hugo Boss lifts 2021 targets as its 3Q sales and earnings exceed forecasts

Hugo Boss Gains Largest Social Media Coverage In Fashion Week History With 4 Billion Impressions In 4 Days

METZINGEN, Germany, Oct. 11, 2021 /PRNewswire/ -- Following its new growth strategy of boosting brands and targeting younger customer groups, HUGO BOSS celebrated the launch of its second BOSS X Russell Athletic capsule collection with an action-packed phygital experience. The physical...

Hugo Boss will continue flexible working even after Covid-19

Hugo Boss will allow staff the option of remote working every Monday and Friday, even after the coronavirus pandemic has The post Hugo Boss will only ask staff to work in the office three days a week even after Covid-19 appeared first on CityAM.

Hugo Boss has got a new... boss

Hugo Boss has announced that former Tommy Hilfiger chief Daniel Grieder will be its new chief executive. Grieder, 58, will The post New boss for Hugo Boss as fashion house drafts in former Tommy Hilfiger CEO appeared first on CityAM.
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Hugo Boss Frequently Asked Questions

  • When was Hugo Boss founded?

    Hugo Boss was founded in 1923.

  • Who are Hugo Boss key executives?

    Hugo Boss's key executives are Ingo Wilts, Hermann Waldemer and Oliver Timm.

  • How many employees does Hugo Boss have?

    Hugo Boss has 14,041 employees.

  • What is Hugo Boss revenue?

    Latest Hugo Boss annual revenue is €2.8 b.

  • What is Hugo Boss revenue per employee?

    Latest Hugo Boss revenue per employee is €198.4 k.

  • Who are Hugo Boss competitors?

    Competitors of Hugo Boss include Kering, Ralph Lauren and Maus Freres.

  • Where is Hugo Boss headquarters?

    Hugo Boss headquarters is located at 12 Dieselstraße, Metzingen.

  • Where are Hugo Boss offices?

    Hugo Boss has offices in Metzingen and New York.

  • How many offices does Hugo Boss have?

    Hugo Boss has 2 offices.