German fashion group Hugo Boss saw sales for the first nine months of the year gain 14 percent to €1,216 million. Boss Womenswear performed particularly well, with sales soaring 70 percent to €127 million, up from €74 million during the same period last year. Shoes and leather accessories rose 35 percent, while group retail sales jumped 43 percent. European sales for the group were up 14 percent to €863 million, with sales in the home market of Germany gaining 11 percent to €278 million. Herewith, the group managed to outperform the German retail market. US sales rose 17 percent, despite a difficult consumer market.

Meanwhile, income before interest and tax rose 13 percent to €188 million, while net income increased 17 percent to €133 million. Cash flow gained 17 percent to €173 million. Group royalties amounted to €28 million, while fragrance royalties gained 4 percent, and royalties from watches and eyewear dipped slightly due to a change of licensee for these products. Gross margins improved by one percentage point, thanks to increased sales via directly operated stores. The company continued to open directly owned stores during the period.

The group's Managing Board expects sales for the full year to increase 12 to 14 percent over the previous year, with proportionate income growth. Furthermore, it anticipates “new records in sales and earnings� for the year.