Hugo Boss said it expects a gradual normalisation by themiddle of the year, but it still foresees a major hit to 2020results. It forecast currency-adjusted sales will rise from zeroto 2%, including a single digit decline in Asia/Pacific.
It expects earnings before interest and taxation (EBIT) tocome in at 320 million-350 million euros ($356-390 million)after a 4% fall to 333 million in 2019 as it invested insprucing up its store network.
($1 = 0.8979 euros)
(Reporting by Emma ThomassonEditing by Michelle Martin) ((+49 30 2888 5081; Reuters Messaging:emma.thomasson.thomsonreuters.com@reuters.net))




















