Belfast Telegraph

Friday 25 April 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.