Credit: Hugo Boss

The Boss Menswear brand was also flat (up 1% at constant currency) to €785 million for the period, while Boss Womenswear grew 1% (2% at constant currency) to €74 million and Hugo improved by 1% (2% at constant currency) to €171 million.

The EMEA region saw sales grow at 1% to €662 million, while the Americas was flat (up 4% at constant currency) with a result of €228 million. Asia Pacific had a decline of 8% (7% at constant currency) to €110 million and Licenses grew 12% to €29 million.

Looking at the distribution channels, bricks-and-mortar retail dropped 4% (3% at constant currency) to €499 million, while bricks-and-mortar wholesale was up 3% (4% at constant currency) to €302 million. Finally, digital sales were up 6% to €199 million.

The company reported net income for the period of €56 million, declining by 12% year-on-year.

Hugo Boss has confirmed its outlook for the full fiscal year, expecting group sales to increase between 1-4% year-on-year.

CEO Daniel Grieder noted: “In the third quarter, Hugo Boss achieved solid top-line improvements despite the ongoing weak consumer sentiment.”