A strong quarter from P-E backed Hugo Boss bodes well for the luxury sector, according to...

|By:, SA News Editor

A strong quarter from P-E backed Hugo Boss bodes well for the luxury sector, according to analysts. The company saw double-digit wholesale growth help it beat estimates and grow profits by 42% over last year's Q4. The read-through is positive for Ralph Lauren (RL) and PVH Corp (PVH) if the high-end mens apparel category picks up steam.