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Stock impact report

Hugo Boss Sets Up Material Recycling Company [Yahoo! Finance]

HUGO BOSS AG S/ADR (BOSSY) 
NASDAQ:AMEX Investor Relations: group.hugoboss.com/en/investor-relations
Company Research Source: Yahoo! Finance
Aimed at managing the company's surplus materials, Eightyards GmbH is a new entity fully owned by Hugo Boss AG and based in Metzingen, Germany. It will kick off operations next January. More from WWD Head to Introduce Golf Collection for Men and Women for Summer 2025 New L.A. Handbag Brand Is Rendering Cardboard Unrecognizable in Debut Made-to-order Collection With New Regulations Coming, the European Fashion Alliance Says Creative Houses Need More Support “The mission of the company over the coming years is to establish itself as one of the key facilitators for the recycling and reuse of surplus materials into various industries beyond fashion,” the Hugo Boss company said in a statement. Eightyards is to be led by Marketa Miltenberger and Placido Klitzke in the roles of director and co-director, respectively, of the recycling venture. They were both recruited from within the Hugo Boss ranks as Miltenberger was previously vice president of product excellence outerwear, co Show less Read more
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