German fashion house Hugo Boss has announced Mark Langer as its new chief executive following the departure of Claus-Dietrich Lahrs.

Lahrs left the company in February following a profit warning and steep sale drops in the United States and China. Langer has been with Hugo Boss for 13 years and brings to the table an extensive knowledge of the company.

"Due to my long-standing work for Hugo Boss I have a clear understanding of the company's potential and know what we need to do to get it back on track for profitable and sustainable growth," said Langer.