BERLIN, Aug 4 (Reuters) – German trend home Hugo Boss BOSSn.DE mentioned it anticipated a rebound in its enterprise to proceed within the second half of the yr as gross sales virtually recovered to pre-pandemic ranges within the second quarter.
“We’re effectively ready to additional drive our enterprise restoration additionally within the second half of the yr,” mentioned new Chief Govt Daniel Grieder, the previous Tommy Hilfiger boss who is because of current his technique afterward Wednesday.
Hugo Boss, which had already reported preliminary second-quarter outcomes final month, mentioned gross sales had been simply 4% under ranges recorded in 2019 and simply 3% down within the Asia-Pacific area, the place gross sales jumped 51% within the quarter.
It reiterated that it expects currency-adjusted group gross sales in fiscal yr 2021 to extend by between 30% and 35%.
(Reporting by Emma Thomasson, modifying by Kirsti Knolle)
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