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Hugo Boss could cut up to 150 jobs

Hugo Boss could axe head office jobs in Germany as part of a management restructuring, according to reports.

The German designer brand could cut up to 150 jobs, following a board restructure earlier this month, according to reports.

The cuts are understood to be part of the restructure, rather than prompted by economic concerns.

Earlier this month Hugo Boss announced that sales director Andre Maeder would leave the company at the end of the month. Maeder, who has been responsible for sales and licensing since 2004, will join Swiss textile firm Charles Vogele Group.

Hugo Boss chairman and chief executive Claus-Dietrich Lahrs will take on Maeder’s responsibilities.

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