Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Hugo Boss CEO Resigns Amid Weak Sales in China

Missed Sourcing Journal’s Virtual Sourcing Summit? It's not too late to view all keynotes and panels from the two days. Watch on demand now.

Two days after Hugo Boss lowered its profit outlook citing a challenging market environment in China, the German luxury fashion company said its CEO is stepping down.

As of Feb. 29, Claus-Dietrich Lahrs will leave his post at the helm of Hugo Boss after eight years with the company and his replacement has not yet been named. For now, the company said in a statement, managing board members will assume Lahrs’ responsibilities, and it will deal with finding a new CEO “without delay.”

Read more at Sourcing Journal.

Related Articles

More from our brands

Access exclusive content Become a Member Today!