HUGO BOSS is establishing a new organizational structure with two dedicated powerhouses for menswear and womenswear. The new setup is designed to ensure gender-specific expertise across all brand and product areas, unlock synergies, and drive efficiency and collaboration between the two brands, BOSS and HUGO. It thereby supports the company’s CLAIM 5 TOUCHDOWN strategy introduced in December and lays the foundation for future growth, especially in the womenswear area.

As part of this transformation, Kerstin Dorst will assume the newly created role of Senior Vice President Business Unit Womenswear as of January 15, reporting into HUGO BOSS Chief Sales Officer and Deputy CEO Oliver Timm. Dorst joins HUGO BOSS from Tory Burch, where she spent more than 10 years in New York and played a key role in growing the brand’s main collection and sportswear. Prior to Tory Burch, she worked at Adidas for over five years in Germany and Asia, contributing to the launch of the brand’s SLVR premium sportswear line, among others. In her new role, Dorst will also oversee the creative direction for womenswear collections, working closely with Marco Falcioni, HUGO BOSS Creative Director.

Hugo Boss is introducing separate menswear and womenswear business units to strengthen gender-specific expertise, unlock synergies and support its CLAIM 5 TOUCHDOWN growth strategy.
Kerstin Dorst will join as SVP Business Unit Womenswear from January 15, reporting to Oliver Timm, while Christian Schwinn continues to lead menswear across Boss and Hugo.

“With the new organizational structure, we are reshaping our business units to strengthen our focus on womenswear and lay the foundation for future growth. The new set-up will enable us to address gender-specific preferences even better and to deliver collections with a true customer centric approach in both areas in the future,” said Oliver Timm, Chief Sales Officer and Deputy CEO of HUGO BOSS. “In this context, I am pleased to welcome Kerstin Dorst in the newly created role for womenswear. Her extensive international experience and profound expertise will play a key role in taking our womenswear business to the next level in the years to come.”

The BOSS Menswear business will continue to be led by Christian Schwinn, who will additionally take on responsibility for HUGO Menswear as Senior Vice President Business Unit Menswear.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)

In the Ludhiana market, cotton yarn prices were broadly stable, with spinning mills maintaining their selling rates due to advance export sales bookings. A Ludhiana-based trader told Fibre*Fashion, “The cotton yarn market has become highly sensitive to US tariff-related developments. After earlier threats of *** per cent US tariffs, the recent announcement of a ** per cent tariff on Iran’s trading partners has triggered fresh concerns. Buyers have turned extremely cautious and are restricting purchases to immediate requirements only.”

In Ludhiana, ** count cotton combed yarn was sold at ****;***–*** (~$*.**–*.**) per kg (inclusive of GST); ** and ** count combed yarn were traded at ****;***–*** (~$*.**–*.**) per kg and ****;***–*** (~$*.**–*.**) per kg, respectively; and carded yarn of ** count was noted at ****;***–*** (~$*.**–*.**) per kg today, according to trade sources.

The global economy is proving more resilient than anticipated despite persistent trade tensions and policy uncertainty, according to the World Bank’s latest Global Economic Prospects report.

Global growth is projected to remain broadly steady over the next two years, easing to 2.6 per cent in 2026 before rising to 2.7 per cent in 2027, an upward revision from the June forecast.

World economy is proving more resilient than anticipated despite persistent trade tensions and policy uncertainty, the World Bank said.
Global growth is projected to stay broadly steady over the next two years, easing to 2.6 per cent in 2026 before rising to 2.7 per cent in 2027.
Global inflation is projected to edge down to 2.6 per cent in 2026, reflecting softer labour markets and lower energy prices.

The resilience reflects better-than-expected growth, especially in the United States, which accounts for about two-thirds of the upward revision to the forecast in 2026.

Even so, if these forecasts hold, the 2020s are on track to be the weakest decade for global growth since the 1960s.

The sluggish pace is widening the gap in living standards across the world, the report says.

In 2025, growth was supported by a surge in trade ahead of policy changes and swift readjustments in global supply chains. These boosts are expected to fade in 2026 as trade and domestic demand soften.

However, the easing global financial conditions and fiscal expansion in several large economies should help cushion the slowdown, a World Bank release said citing the report.

Global inflation is projected to edge down to 2.6 per cent in 2026, reflecting softer labour markets and lower energy prices.

Growth is expected to pick up in 2027 as trade flows adjust and policy uncertainty diminishes.

In 2026, growth in developing economies is expected to slow to 4 per cent from 4.2 per cent in 2025 before edging up to 4.1 per cent in 2027 as trade tensions ease, commodity prices stabilise, financial conditions improve and investment flows strengthen.

Growth is projected to be higher in low-income countries, reaching an average of 5.6 per cent over 2026-27, buoyed by firming domestic demand, recovering exports and moderating inflation.

However, this will not be sufficient to narrow the income gap between developing and advanced economies.

Per capita income growth in developing economies is projected to be 3 per cent in 2026—about a percentage point below its 2000-2019 average.

At this pace, per capita income in developing economies is expected to be only 12 per cent of the level in advanced economies.

These trends could intensify the job-creation challenge confronting developing economies, where 1.2 billion young people will reach working age over the next decade, according to the World Bank.

Fibre2Fashion (DS)