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Swift decisions key to Hugo Boss

Last month, Permira sold a €307m stake in its upmarket German fashion retailer, Hugo Boss. Claus-Dietrich Lahrs, chief executive of Hugo Boss, was unconcerned by the move and explains to Elizabeth Paton, Luxury 360's assistant editor, the advantages of having a private equity owner. He also warns 2012 may be more challenging after the impressive growth this year.