Having joined the company last year, Larsson will succeed Emanuel Chirico, who has held the role of CEO since 2006. He will step into his new position at the head of the American conglomerate in February 2021.
The cosmetics conglomerate is facing a class action lawsuit from shareholders claiming that the company provided misleading information about its acquisitions of the P&G specialty beauty business and Kylie Cosmetics.
Hugo Boss will only require that many staff work in the office from Tuesday to Thursday even after the pandemic, offering the option of remote working on Mondays and Fridays, the German fashion house said on Wednesday.
Hugo Boss said on Tuesday it had returned to strong growth in China in June and online sales jumped 74% in the second quarter even as it reported an overall 59% fall in sales for the period due to lockdowns.
Hugo Boss has named PVH's Oliver Timm as its new Chief Sales Officer (CSO) as of January 1 next year. He’ll have global responsibility for the firm's own retail operations as well as its wholesale and e-tail businesses.