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New Chief Executive Officer of HUGO BOSS

17
May '08
The Supervisory Board of HUGO BOSS AG has resolved on the appointment of Claus-Dietrich Lahrs as member of the Managing Board and CEO of HUGO BOSS AG. It is intended that the appointment becomes effective already as of August 1, 2008.

Currently, Claus-Dietrich Lahrs is still managing director of Christian Dior Couture. For a total of 12 years the internationally experienced manager has been active for the biggest global luxury group Christian Dior/Louis Vuitton Moët Hennessy (LVMH).

Dr. Giuseppe Vita, Chairman of the Supervisory Board of HUGO BOSS AG: "Claus-Dietrich Lahrs is the ideal choice for the position of CEO of HUGO BOSS AG. He is experienced in brand management in the premium and luxury segment of the fashion industry, he is internationally acting and he is a manager with great sales expertise.

In total, he brings all management skills to the table in order to move HUGO BOSS to the next level of success together with the other members of the Managing Board. We wish him good luck."

Claus-Dietrich Lahrs looks back to 12 successful years with Christian Dior/LVMH, the biggest luxury goods group in the world with an annual turnover of 16.5 billion Euro.

Since end of 2003 he has been managing director of Christian Dior Couture. With 3,000 employees the fashion arm of the Christian Dior group generated sales of 800 million Euro in 2007. Since 1997 Lahrs has been managing director of Louis Vuitton Deutschland for the brands Louis Vuitton, Loewe, Céline and Kenzo and since 2000 he has steered the businesses of Louis Vuitton in the US and Canada as a president/CEO.


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