FIRST QUARTER 2021
RESULTS PRESENTATION
MAY 5, 2021
YVES MÜLLER
CFO & SPOKESPERSON OF THE MANAGING BOARD
3 FIRST QUARTER 2021 RESULTS PRESENTATION
On average ~25% of global store network closed
in the first quarter
100%
75%
50%
STORE OPENING RATE*
25%
Q1 2021
0%
~75%
- NUMBER OF OWN RETAIL POINTS OF SALE NOT AFFECTED BY TEMPORARY CLOSINGS DIVIDED BY TOTAL NUMBER OF OWN RETAIL POINTS OF SALE
4 FIRST QUARTER 2021 RESULTS PRESENTATION
Solid start to the year as
business recovery continues
Q1 2021
EUR 497 MILLION
(8)%
CURRENCY-ADJUSTED
5 FIRST QUARTER 2021 RESULTS PRESENTATION
EUROPE SALES**(17)%*
Almost 50% of own retail stores temporarily closed in the first quarter
Germany and the UK record mid-double-digit sales declines in own retail, reflecting persistent lockdowns
Strong momentum in Russia and Middle East with low to mid-double-digit sales growth
Extended lockdowns weigh on
business recovery in Europe
- CURRENCY-ADJUSTED
- INCL. MIDDLE EAST AND AFRICA
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Hugo Boss AG published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 08:14:01 UTC.