Hugo Boss reports comparable sales rise of 7 percent in Q1

Hugo Boss said that the company achieved sales growth in all three regions in the first quarter. Group sales increased by 5 percent to 650 million euros (779.7 million dollars). The company added that group’s own retail business again provided the growth driver, with comp store sales up 7 percent. The company-owned online business also grew at double-digit growth rates, while sales in the wholesale business also increased slightly. At 99 million, euros (118.7 million dollars), Hugo Boss said, the operating profit was up slightly compared with the prior year.