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Hugo Boss says could reach $3.2 billion sales in 2016
March 12, 2015 / 10:37 AM / 3 years ago

Hugo Boss says could reach $3.2 billion sales in 2016

METZINGEN, Germany (Reuters) - The chief executive of Hugo Boss (BOSSn.DE) said the 3 billion euros ($3.2 billion) sales target, which the group initially aimed for in the current year and scrapped on Thursday, should be possible to reach in 2016.

A man looks at a shop window outside the Hugo Boss showroom inside a shopping mall in Mumbai in this August 23, 2011 file photo. REUTERS/Danish Siddiqui

    The fashion group, which makes nearly 20 percent of its sales in the United States, expects a slightly positive profit impact from the weak euro in 2015, Chief Executive Claus-Dietrich Lahrs also said in a press conference on Thursday.

    Reporting by Ilona Wissenbach; Writing by Kirsti Knolle; Editing by Georgina Prodhan

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