Hugo Boss AG - Company Profile
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Business Description
Hugo Boss AG (Hugo Boss) designs, manufactures and sells clothes for men and women. The company also offers fragrances, cosmetics, watches, and eyewear through license agreements. It markets these products under the HUGO and BOSS brands.
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R&D Overview
The R&D arm of Hugo Boss focuses on developing collections and products that meet the highest customer demands in terms of quality and fit. It operates three R&D centers in Metzingen, Germany; Coldrerio, Switzerland; and Morrovalle, Italy. These centers mainly focus on the development of various product, including knitwear, shirts, shoes, and accessories. As of December 31, 2022, the company had 656 employees dedicated to R&D. In FY2022, the company incurred expenses of EUR81 million on R&D, which as a percentage of revenue, stood at 2.2%.
Geographical Segments
Target Markets
The US, Canada, and Latin America.
Performance
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Target Markets
China, and Southeast Asia and Pacific.
Performance
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Target Markets
Northern Europe, Central Europe, Western Europe, Middle East, Africa, and Russia.
Performance
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Performance
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