×
1 676
Fashion Jobs
TJX CANADA
Loss Prevention Store Investigator -Scarborough - York - Richmond Hill
CDI · Mississauga
TJX COMPANIES
Senior IT Security Vulnerability Analyst
CDI · Mississauga
NORDSTROM
Asset Protection - Agent - One Bloor Rack
CDI · Toronto
TJX CANADA
District Manager, Gta
CDI · Mississauga
TJX CANADA
Loss Prevention, Store Investigator - Gta
CDI · Mississauga
TJX CANADA
Loss Prevention Regional Orc Investigator - Calgary
CDI · Calgary
L'OREAL GROUP
Project Coordinator - Merchandising And Education
CDI · Montréal
ESTÉE LAUDER
Associate Consultant - Clinique - Halifax, ns
CDI · Halifax Regional Municipality
TJX CANADA
Summer Term Finance Analyst cO-Op
CDI · Mississauga
ESTÉE LAUDER
Consultant - Clinique - 28 Hrs - Hudson's Bay Market Mall - Calgary, ab
CDI · Calgary
ESTÉE LAUDER
Consultant - Clinique - 28 Hrs - Hudson's Bay Market Mall - Calgary, ab
CDI · Calgary
ADIDAS
Director of Sales - Adidas Golf
CDI · Vaughan
TJX CANADA
Distribution Services Purchasing Specialist
CDI · Mississauga
TJX CANADA
Loss Prevention Store Investigator - Vancouver
CDI · Vancouver
TJX CANADA
Buyer ii
CDI · Mississauga
TJX CANADA
Loss Prevention Systems Remote Investigator
CDI · Mississauga
L'OREAL GROUP
Key Account Manager - Vancouver
CDI · Vancouver
ESTÉE LAUDER
Manager, Finance & Business Management
CDI · Toronto
ZARA
Operations Manager, Zara Halifax
CDI ·
TJX CANADA
Loss Prevention Customer Service Agent -Gta
CDI · Mississauga
ESTÉE LAUDER
Manager, Marketing - jo Malone London
CDI · Toronto
MASSIMO DUTTI
Assistant Gérant, Massimo Dutti Carrefour Laval
CDI · LAVAL
Translated by
Nicola Mira
Published
Mar 6, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Hugo Boss names Heiko Schäfer new COO, publishes mixed 2019 results

Translated by
Nicola Mira
Published
Mar 6, 2020

German fashion group Hugo Boss has recently announced the appointment of Heiko Schäfer as its new COO. Schäfer has also joined the executive committee of the Metzingen-based fashion group, and is in charge of sourcing, manufacturing, product development, operations and sustainability.


Heiko Schäfer, the new COO of Hugo Boss - DR


In 2016, Schäfer was appointed general manager of German fashion label Tom Tailor, which he joined a year before as COO. He began his business career in 2002 as a consultant with Boston Consulting Group, and then joined Adidas, where he became senior vice-president in charge of operations.
 
Hugo Boss has also published its latest analytical results for the 2019 financial year. At constant exchange rates, its revenue grew by 2%, reaching €2.9 billion. Hugo Boss has clearly reaped the rewards for its investments on e-tail, focused on its own e-shop and on vendor partners. The group's total online sales grew 35% last year, reaching €151 million.

However, operating income declined by 4%, down to €333 million, and net income also slumped, down 10% to €212 million, due to higher operating costs.

Last year, Hugo Boss sales in the Asia-Pacific region increased by 5% at constant exchange rates, reaching €438 million. Mainland China recorded an even better sales performance, growing in double figures. Hugo Boss currently operates 150 monobrand stores between mainland China, Hong Kong and Macao. The impact of the coronavirus epidemic is however threatening to cause a major shortfall in sales for Hugo Boss, as half of its stores in China are currently closed.

Copyright © 2022 FashionNetwork.com All rights reserved.