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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. HUGO BOSS AG as a German stock corporation has a dual management and control structure. The Managing Board is responsible for the Group’s strategy and its management, while the Supervisory Board advises the Managing Board and monitors its management activities. In addition to HUGO BOSS AG, the Group is made up of 56 consolidated companies that hold sole responsibility for local business activities. Of these, 34 subsidiaries are organized as distribution companies. Aside from a few exceptions, HUGO BOSS AG has complete control over all subsidiaries.

Regional alignment of organizational structure

The HUGO BOSS Group is organized by regions, with the business units assigned to three regional organizational units: Europe including the Middle East and Africa, the Americas and Asia/Pacific. The purpose of this structure is to tap market potential and to boost local business. In addition to these three regions, the Group’s license business constitutes a fourth operating segment. Responsibility for the corporate functions is allocated to the individual members of the Managing Board and therefore concentrated at the Group’s headquarters.

HUGO BOSS Group structure

MANAGING BOARD

CENTRAL FUNCTIONS

 

OPERATIVE SEGMENTS

Brand Management

 

EUROPE
incl. Middle East and Africa

Communication

 

Creative Management

 

Finance and Controlling

 

AMERICAS

Human Resources

 

Investor Relations

 

IT

 

ASIA/PACIFIC

Legal, Compliance and Risk Management

 

Licenses

 

Logistics

 

LICENSES

Own Retail

 

Sales

 

Sourcing and Production

 


Regional organizations implement Group strategy

In each of the three regional organizational units, the regional director is responsible for implementing the Group’s strategy in the applicable market. Within the regions they are heading, the directors are responsible in close cooperation with the country managers for the regional adaptation of the distribution strategy in the Group’s own retail business and the wholesale business, as well as for the development of sales and earnings. These regional distribution structures strengthen the Group’s proximity to customers, improve responsiveness to market trends and facilitate adjustment to market specifics. They also enable a fast exchange of knowledge through the close integration of the local companies.

Key locations/global market presence

Key locations/global market presence (graphics) Enlarge image

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