Hugo Boss fashions record results The German retailer saw sales rise 19pc to €2.1bn (£1.8bn). Annual net income, the company's preferred profit measure, was up 53pc to €284m. Claus-Dietrich Lahrs, chief executive, said: "2011 was another record year for Hugo Boss. And 2012 has also got off to a good start for us. I am therefore confident, despite the uncertain economic environment, that we will take another big step towards achieving our medium-term goals in the current fiscal year. Hugo Boss is majority owned by private equity group Permira. Although the investor sold a minority stake last year it has insisted it is not looking for an exit from the company. The fashion business is due to release a detailed forecast for 2012 next month. However it has already signalled it expects growth to come from China and expects its operations in the country to lead to a trebling of sales in Asia by 2015. The company had earnings excluding one-offs and before interest, tax, depreciation and amortisation of €469m, a rise of 34pc.