Skip to content

Hugo Boss Q1 sales fall 2% on weak China demand

German fashion group Hugo Boss reported a 2% YoY decline in organic sales for Q1 2025, totaling 999 million euros ($1.08 billion). CEO Daniel Grieder cited global macroeconomic uncertainty as dampening consumer sentiment. Regionally, sales in EMEA fell 1%, with Americas also down 1%. Asia-Pacific sales dropped 8%, driven by weak demand in China, though Japan recorded double-digit gains. EBIT fell 12% to 61 million euros ($66 million), outperforming market expectations.

Get more news based on your interests