The German fashion house expects sales growth to accelerate in 2018 thanks to a shift to add more sportswear and casual styles but is more cautious on profit as it keeps up investment in revamping stores and its website.
The Hugo Boss supervisory board decided at a meeting on Wednesday to extend the contract of CEO Mark Langer for a further three years. He will continue to serve as CEO of the German brand until December 2021.
Andreas Streubig has previously spent more than two decades at Hamburg-based Otto Group, where he held several senior positions, including head of sustainability. At Hugo Boss, he will report directly to CEO Mark Langer.
Kicking off May 11, Copenhagen Fashion Summit 2017 expects more than 50 high level speakers to engage in panel conversations, which will address the most critical sustainability issues facing the fashion industry.