Belfast Telegraph

Thursday 30 October 2014

Moss Bros ends franchise deal with Hugo Boss

MENSWEAR chain Moss Bros announced the sale of its 15 Hugo Boss stores in a move ending a 16-year franchise deal with the fashion giant. Moss Bros will sell the outlets back to Hugo Boss for £16.5m, helping finance turn- around plans for its core business. A Hugo Boss store in Belfast's Victoria Square will be unaffected as it is part of a franchise owned by luxury fashion firm Cruise.

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