×
104 321
Fashion Jobs
FOOT LOCKER
Overnight Assistant Operations Manager
Permanent · Hialeah
MACY'S
Asset Protection Detective, University Town Center - Part Time
Permanent · San Diego
MACY'S
Asset Protection Detective, Newport Centre - Full Time
Permanent · Jersey City
MACY'S
Asset Protection Security Guard, University Town Center - Flex
Permanent · Sarasota
MACY'S
Asset Protection Officer, Sacramento Cfc - Full Time
Permanent · Sacramento
MACY'S
Asset Protection Officer, Cheshire - Full Time
Permanent · Cheshire
MACY'S
Asset Protection Supervisor, Bailey Road - Full Time (3840)
Permanent · North Jackson
MACY'S
Asset Protection Officer, Columbus - Full Time
Permanent · Columbus
MACY'S
Asset Protection Officer, Cheshire - Part Time
Permanent · Cheshire
MACY'S
Asset Protection Officer, Secaucus D2C fj - Part Time
Permanent · Secaucus
MACY'S
Asset Protection Detective, Mall of Louisiana - Part Time
Permanent · Baton Rouge
MACY'S
Asset Protection Officer, Bailey Road - Part Time (3840)
Permanent · North Jackson
MACY'S
Asset Protection Detective, Modesto Vintage Fair - Full Time
Permanent · Modesto
MACY'S
Asset Protection Detective, Fashion Valley - Full Time
Permanent · San Diego
MACY'S
Asset Protection Officer, Cheshire - Full Time
Permanent · Cheshire
MACY'S
Asset Protection Detective, Ventura Pacific View - Full Time
Permanent · Ventura
MACY'S
Asset Protection Officer, Columbus - Full Time
Permanent · Columbus
MACY'S
Asset Protection Officer, Hayward - Part Time
Permanent · Union City
MACY'S
Asset Protection Officer, Columbus - Full Time
Permanent · Columbus
MACY'S
Asset Protection Captain, Visalia - Full Time
Permanent · Visalia
MACY'S
Asset Protection Officer, Secaucus - Part Time
Permanent · Secaucus
MACY'S
Asset Protection Security Guard, Arden Fair - Part Time
Permanent · Sacramento
By
DPA
Translated by
Barbara Santamaria
Published
Feb 17, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Italian investor Marzotto increases stake in Hugo Boss

By
DPA
Translated by
Barbara Santamaria
Published
Feb 17, 2020

Marzotto, the Italian textile manufacturer, has significantly increased its investment in Hugo Boss.


Hugo Boss


On 7 February, the Italian family increased its shareholding through its Zignago Holding entity to more than 15%, according to regulatory filings.

The Marzotto family had previously owned 10% of the German fashion brand. The Marzottos are the only major shareholder in the company; the remaining Hugo Boss shares are in free float and primarily held by institutional investors.

Shares in Hugo Boss rose by almost 4% after the announcement, becoming a top performer on the MDAX.

Hugo Boss posted a 5% increase in sales to €825 million for the fourth quarter of the year, or 4% when adjusted for currency exchange. The company expects to see a 2% increase in currency-adjusted sales for the full year, and an EBIT of €333 million. The fashion group will release its final results for 2019 on 5 March.

Like many other brands, in light of the coronavirus outbreak, Hugo Boss has had to close some stores in China and shorten opening hours of others, but the company said it is too early to assess the impact of these measures.

Copyright © 2021 Dpa GmbH