Tag: shopping-centre
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Hugo Boss CEO says wants to abandon luxury segment: Handelsblatt
German fashion house Hugo Boss is planning to abandon the luxury market and go back to is roots of selling premium men's clothing, its chief executive told Handelsblatt. “The effort to make in-roads in the luxury market didn't prove to be particularly helpful for our business,” Mark Langer was quoted as saying on Tuesday in…
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South Africa’s Foschini Group lifts profit on clothing sales
South African fashion retailer The Foschini Group's half-year profit rose 16.6 percent on strong growth in clothing sales, it said on Thursday. TFG, which in January bought Britain's Phase Eight, said headline earnings per share (EPS) from continuing operations rose to 470.2 cents for the six months ended Sept. 30 from 403.3 cents a year…