In my view, in the mid-term Hugo Boss will face with many challenges. First of all, I'm not sure that the Company will achieve sales growth from the new, lower-priced collections and offset price reduction and investment in product quality. Also I think that Hugo Boss is in a lower-growth area of the luxury goods/apparel market in comparison with the luxury peers in the mid-term and I don't see operational leverage to translate this into higher earnings growth until 2019.
In my view, in the mid-term Hugo Boss will face with many challenges. First of all, I'm not sure that the Company will achieve sales growth from the new, lower-priced collections and offset price reduction and investment in product quality. Also I think that Hugo Boss is in a lower-growth area of the luxury goods/apparel market in comparison with the luxury peers in the mid-term and I don't see operational leverage to translate this into higher earnings growth until 2019.