Legal structure of the Group reflects dual management and control structure

The HUGO BOSS Group is managed by the parent company HUGO BOSS AG, based in Metzingen, Germany, where all of the Group management functions are bundled. As a German stock corporation, HUGO BOSS AG has a dual management and control structure. The Managing Board is responsible for the Group's strategy and its management. The Supervisory Board advises the Managing Board and oversees its management activities. Apart from HUGO BOSS AG, the Group comprises 54 consolidated subsidiaries that are responsible for local business activities. Of these, 34 are organized as distribution companies. With few exceptions, HUGO BOSS AG has complete control over all subsidiaries. All subsidiaries are operated as independent profit centers and are responsible for their results of operations.

Regional alignment of organizational structure

The HUGO BOSS Group has aligned its structure regionally and bundled its local business activities into three regional organizational units: Europe including the Middle East and Africa; the Americas; and Asia/Pacific. These three regions together with the Royalties business make up the Group's four operating segments. Responsibility for the central functions is allocated to the individual members of the Managing Board, and bundled at the Group's headquarters.

Regional organizational units implement the Group's strategy

In close consultation with the Managing Board, the three regional organizational units, under the leadership of their respective regional directors, secure implementation of the Group's strategy in each market environment. The directors are charged with securing cooperation with those responsible at country-level within their respective regions, particularly as regards the regional adaptation of the distribution strategy in the wholesale and retail business as well as the development of sales and earnings. This regional emphasis of distribution structures brings the Group closer to customers, improves responsiveness to market trends and eases adaptation to market characteristics. Moreover, it enables the fast exchange of knowledge through the close integration of local companies.

Key locations/global market presence

Enlarge image