Save this story Save Story Save this story Group sales at Hugo Boss dropped 5% year-on-year on a constant currency basis in the third quarter of 2026, attributed to an ongoing strategic turnaround and macroeconomic factors. Boss and Hugo were down 5% and 18%, respectively. EBIT fell 15% to €81 million, down from €95 million, while gross margin improved by 220 basis points to 63.3%. Across territories, sales were down single digits. The company updated its outlook for the full year, down to the high-single-digit range, just as Frasers Group assumes a 50.08% position; Hugo Boss is due to become a subsidiary of the British retail group. This story is developing. Check back in for updates.
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Source: Lifestyle
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