Peter Littmann is a native Czech executive with a doctorate in business administration from the University of Cologne who became chief executive of Hugo Boss in 1993. He was 46 when the Italian group Marzotto, then the majority owner of Hugo Boss, hired him. His earlier experience was in marketing textiles internationally, but of a different kind, namely carpets, so he arrived as a fashion novice, and yet he put the company back on a growth track in record time. He gave the company the Hugo Boss name to soften what the history calls a bossy image, launched the Hugo and Baldessarini labels beside Boss in a three-label strategy first shown in Cologne in 1993, and moved about half of the manufacturing still done in Germany abroad, mainly to eastern Europe. Profits jumped by 74 percent in 1994. He did not renew his contract, which ran to the end of 1997, after reported disagreement over the company's strategic direction.
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Source Hugo Boss AG History (FundingUniverse)
Source Hugo Boss AG History (FundingUniverse)
Companies Led
Source Hugo Boss AG History (FundingUniverse)
Led By
Source Hugo Boss AG History (FundingUniverse)
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Source Hugo Boss AG History (FundingUniverse)Company History, 1993-97 [nationality]Quote, Company History, 1993-97 [nationality]
The 46-year-old native Czech with a Ph.D. in business administration
Sources
Hugo Boss AG History (FundingUniverse)
Company History, 1993-97 [nationality]
The 46-year-old native Czech with a Ph.D. in business administration
Led By: Hugo Boss, Company History, 1993-97
hired Peter Littmann as new CEO of Hugo Boss
Associated With: Apparel Industry, Company History, 1993-97 [associated-with]
The fashion novice managed to put the company back on the growth track in record time.
Associated With: Marketing, Company History, 1993-97 [associated-with 2]
was experienced in marketing textiles internationally
Companies Led: Hugo Boss, Company History, 1993-97
hired Peter Littmann as new CEO of Hugo Boss
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