The fashion firm, known for its suits, said it saw second quarter sales up 133% on the same period in 2020 to €629 million (£536 million) as white-collar workers prepare for a return to the office.
It now expects adjusted group sales to grow between 30% and 35% in the full 2021 fiscal year.
Shares rose by 5.4% in early trading. Analysts at Baader said the quarterly results “exceeded all expectations” and that the outlook is strong.
Executives said that "despite the persisting uncertainties regarding the further development of the pandemic, Hugo Boss is confident that the company's overall business recovery will continue in the second half of 2021".
IPO Edge and The Palm Beach Hedge Fund Association hosted a fireside chat with the CEO and Executive Chairman of Engine Media Inc. (Nasdaq: GAME) on Thursday, Aug. 5 at 2pm ET to discuss the company’s positioning in high-growth sectors, its unique portfolio of media and gaming businesses, and the stock’s trading performance. The live event features Engine […]
In this video I will go over Lemonade's (NYSE: LMND) Q2 earnings report and talk about why this was actually a promising report, seeing as it raised guidance again for the full year. Lemonade has no concrete launch date for car insurance, nor is it including anticipated IFP for Lemonade Car in the company's guidance for FY 21. Life insurance has been a bit slower out of the gate than pet insurance, but the signals are strong, and Lemonade will continue to allocate marketing dollars to the product.
Jack Grealish has become the most expensive Premier League footballer after completing his move from Aston Villa to Manchester City for £100m. The England midfielder's move comes after City submitted their offer on Friday and activated a £100m release clause in his Villa contract. The Grealish deal breaks the previous transfer fee record held by French midfielder Paul Pogba who rejoined Manchester United for £93.25m from Juventus in 2016.
The 2022 Grammy Awards will have an inclusion rider to make the music show more diverse. On Wednesday, Recording Academy executives confirmed the 64th annual awards, set for next January, will be made with a contractual requirement to ensure equity and inclusion at all levels of production. The rider will require bosses at the production company behind the Grammys to recruit, audition, interview, and hire people - on-stage and off - who have been historically and systematically excluded from the
Space sector start-up company Astra Space (NASDAQ: ASTR) has more than 50 launches under contract, but the latest one it announced today has investors especially excited. The reaction has shares of Astra trading 30% higher as of 2:45 p.m. EDT. After going public through a merger with a special purpose acquisition company (SPAC) last month, the space company already had plans to be taking customer payloads into low Earth orbit beginning this year.
Stefani Reynolds/Getty ImagesRussian state TV is no stranger to outlandish conspiracy theories that aim to harm or discredit the West, but the latest anti-American innuendo promoted on state television gave pause to even the most ardent tin foil hat enthusiasts. Pro-Kremlin propagandists are insinuating that the American “deep state” is to blame for staging the suicides of Jan. 6 Capitol Hill officers, as well as the hanging of the Belarusian opposition activist Vitaly Shishov.Shishov, who heade
A ride operator at a southern Indiana county's fair has been charged with murder following the death of a man who fell unconscious during a closing time brawl, authorities said. Zachariah Konkle, 32, allegedly rendered Michael Steele unconscious while pinning him to the ground during the July 27 fight at the Jackson County Fair, prosecutors said. Steele died Saturday in a hospital.
The United States on Thursday called for combatants to respect the cultural heritage in Lalibela, whose famed rock-hewn churches are a United Nations World Heritage Site, after forces from Ethiopia's Tigray region took control of the town. Lalibela, also a holy site for millions of Ethiopian Orthodox Christians, is in the North Wollo Zone of the Amhara region in Ethiopia's north.
(Bloomberg) -- President Joe Biden invited what used to be called Detroit’s big three automakers to the White House to promote sales of electric vehicles -- leaving off the guest list the company that sells more than any other: Tesla Inc.“Yeah, seems odd that Tesla wasn’t invited,” Elon Musk, Tesla’s chief executive, said in a tweet.Also left out: Nissan Motor Co., whose Leaf was a pioneer in electric cars, Honda Motor Co., the first Japanese automaker to promise to phase out gasoline-powered ca
Woman and ex-partner found guilty of killing three-year-old daughterNicola Priest and Callum Redfern convicted of manslaughter over death of Kaylee-Jayde in Solihull Kaylee-Jayde Priest, who was described in court as a ‘happy child’, died from serious chest and abdominal injuries. Photograph: West Midlands Police/PA
LeVar Burton has declared himself a winner, even though he won’t be the new host of Jeopardy!. The Reading Rainbow star graciously reacted to upset fans after the news that Jeopardy! executive producer Mike Richards is finalizing a deal to succeed the late Alex Trebek as emcee of the venerable syndicated game show. “I have said […]
Good morning, and thank you for joining us for RBC Bearings fiscal 2022 first quarter earnings conference call. With me on the call today are Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer; Daniel A. Bergeron, Director, Vice President and Chief Operating Officer; and Robert Sullivan, Vice President and Chief Financial Officer.