BERLIN, Dec 3 (Reuters) – German fashion group Hugo Boss on Wednesday said that it aims to achieve an operating profit margin of around 12% over the medium-to-long term as part of a strategic overhaul. The company said it would strengthen its financial base by consolidating and realigning operations to achieve an earnings before interest and taxes (EBIT) margin of 12% in the long term. "2026 will be a year of consolidation and realignment and an important step toward positioning HUGO BOSS for long-term profitable growth," said Hugo Boss CFO Yves Mueller. (Writing by Miranda Murray; Editing by Sonali Paul)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
