Revenues were reportedly up by 52% currency-adjusted against pre-pandemic levels, while operating profit was up by 21% year-on-year to €121 million. Net income for the quarter was up by 30% year-on-year to €78 million.

The company reported strong momentum for all its brands, with currency-adjusted revenues up by 18% for Boss Menswear and up by 32% for Boss Womenswear. The result was a 21% increase for Hugo.

Regionally, currency-adjusted sales were up by 15% in EMEA to €620 million, while the Americas had growth of 20% to €236 million and Asia/Pacific was up by 41% to €144 million.

Brick and mortar retail stores had currency-adjusted growth of 17% to €580 million in the period, while brick and mortar wholesale was up by 17% to €224 million and the digital business had growth of 30% to €196 million.

Looking forward, the business now expects sales to increase by 12-15% in fiscal 2023 to a new record level of €4.1-4.2 billion.

CEO Daniel Grieder said: “After our highly dynamic start to the year, we continued our strong performance also in the second quarter. Momentum once again exceeded our own high expectations, despite the overall challenging and uncertain market environment.

“Following our strategy update in June, both brands Boss and Hugo successfully maintained their growth trajectory. We will make 2023 a new record year for Hugo Boss, thus providing a robust foundation for achieving our updated 2025 financial ambition.”