SVG Capital’s Hugo Boss and New Look sell-off reaps rewards September 25, 2015 The sale of fashion brands Hugo Boss and New Look have helped boost SVG Capital’s returns, even as a background of currency volatility weighed on its investment portfolio. The listed private equity firm has, like its rivals, benefitted from a fertile market for asset sell-offs, and returned £101m of capital to investors in the last [...]
Chinese tourists help Hugo boss the market August 5, 2015 German fashion house Hugo Boss said Chinese tourists flocking to Europe helped sales rise more than expected in the second quarter. Sales rose 16 per cent to €647m (£454m), ahead of average analyst forecasts, while net profit rose 13 per cent to €71m.
Hugo Boss fined £1.2m over four-year-old’s death September 4, 2015 German designer Hugo Boss has been fined over the death of a four-year-old boy killed in a store when a mirror fell on top of him. An inquest has concluded that the store should have done more to prevent the mirror falling, and fined the company £1.2m. The accident occurred in the summer of 2013 [...]
It’s not that I want horses to die for my entertainment, but Ben Hur would have benefited from at least one horse being in mortal danger during filming September 8, 2016 Ben Hur (1959) is an epic historical drama about a Jewish prince sent into slavery after some shoddy tiling fell on a centurion and made him look a right tit in front his garrison. Condemned to row himself to death aboard a Roman galley, he eventually wins his freedom and returns to his home country [...]
Stella McCartney, Huge Boss and Yoox Net-a-Porter in talks to move to Stanhope and Mitsui’s White City Place February 22, 2016 Three leading fashion brands are in talks to move their London headquarters to new offices being developed inside the former BBC Media Village in White City, City A.M. understands. Designers Stella McCartney, Hugo Boss and online fashion website Yoox Net-a-Porter have separately approached developers Stanhope and Mitsui about taking office space inside White City Place. [...]
SVG Capital puts Hugo Boss back on the sales rack but keeps focus June 1, 2015 SVG Capital netted £287m over the last three months as the private equity firm completed its divestiture of Hugo Boss shares it emerged yesterday. In addition, the firm said it had partially sold down its stake in Arysta LifeScience and expected to make at least one new investment commitment and further co-investments this year. The [...]
KAA Gent 1, Tottenham Hotspur 0: Mauricio Pochettino admits Spurs suffering a mini-crisis of confidence February 16, 2017 Tottenham boss Mauricio Pochettino admits his side are suffering from a mini-crisis of confidence after slipping to a surprise defeat to Gent in their Europa League last-32 first leg clash. Spurs failed to respond to Pochettino’s rallying call following Saturday’s loss to Liverpool and, despite the Argentine naming a strong side, succumbed to a second-half [...]
City Moves for 3 February 2016 | Who’s switching jobs February 3, 2016 Parker Fitzgerald Parker Fitzgerald (PFG), the management consultancy, has appointed Jeremy Scott to its executive board as head of institutional relationships. Jeremy is former global financial services leader and global board member at PwC for 10 years and he was chair of the operations and risk committee. His experience building and managing an international consulting [...]
Manchester United 1, Tottenham Hotspur 0: Mauricio Pochettino keeps faith in title challenge despite Spurs slipping 10 points behind leaders Chelsea December 11, 2016 Manchester United 1, Tottenham Hotspur 0 Tottenham manager Mauricio Pochettino believes his team can still catch runaway leaders Chelsea despite a second defeat in three Premier League matches leaving them 10 points off the pace. A ferocious first-half strike by Henrikh Mkhitaryan proved decisive on Sunday as Manchester United recorded a first top-flight victory at [...]
Hugo Boss sales target scrapped on low spending March 12, 2015 High-end German fashion house Hugo Boss yesterday scrapped its sales target for 2015 because of slower spending in Europe, the US and China, sending its shares lower. Like other companies targeting more affluent customers, Hugo Boss has been hit by lower spending abroad by Russian and Chinese shoppers. Its original revenue target of €3bn (£2.15bn) [...]