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German brand Hugo Boss, after 19 years working in Russia for the franchising system starts to develop independently in the country. The newspaper Kommersant, citing its sources wrote that the company has already begun to search for suitable premises in Moscow and regions. Hugo Boss is represented in Russia since 1992 and now unites more than 60 franchise stores and retail outlets in Moscow, Yekaterinburg, Perm, Rostov-on-Don and other cities. Mark works with more than 30 partners in Russia, including the company's "Podium", Bosco di Ciliegi, Stockmann, "Holding Center and others. At Hugo Boss have confirmed that the company plans to open stores in Russia, that will be controlled directly. However, the Russian brands licensees will also be able to continue development. Komapaniya Hugo Boss was founded in 1924, and currently belongs to the Italian Valentino Fashion Group. The company is selling at 6.1 thousand stores in 110 countries. In this case, directly Hugo Boss has only 364 stores. In 2010 the Russian clothing market totaled 29.5 billion euros. On clothing luxury accounts for approximately 10-15 percent of the market in value terms. Since the beginning of the year, several brands announced their desire to develop in Russia itself. In January, the Italian fashion house Prada announced the termination of cooperation with a group of Mercury, and now prepares to open its own stores in Moscow. In May, a distribution expires exclusive contract between Hermes and JamilCo. Without intermediaries operating in Russia Christian Dior, Louis Vuitton, Chanel, Swatch Group and other companies.
