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Day’s wrap: Hugo Boss, Marriott, BMW and Sephora

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Hugo Boss reports a successful 2021 fiscal year, looks to a bright 2022. Image credit: Hugo Boss

 

By Luxury Daily News Service

Luxury Daily’s live news for March 11:

Hugo Boss returns to pre-pandemic levels with 43 percent growth
German fashion house Hugo Boss has optimistically reported its full-year earnings for fiscal year 2021, which reached $2.78 billion euros, or $3.05 billion at current exchange rates.

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Marriott leans into power of TikTok
Hospitality group Marriott International’s Bonvoy rewards program is looking for three TikTok connoisseurs with a passion for travel to become the brand’s official TikTok correspondents in 2022.

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BMW Group acquires Alpina
German auto manufacturer BMW Group is expanding its portfolio through the acquisition of Buchloe-based automaker Alpina.

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Sephora debuts on Shipt marketplace
LVMH-owned beauty retailer Sephora has partnered with same-day shopping and delivery company Shipt, becoming the first large-scale beauty retailer on the platform.

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