Hugo Boss AG (BOSSY)
- Bloomberg
Hugo Boss Plunges After Slashing Outlook on China, UK Demand
(Bloomberg) -- Hugo Boss shares plunged to their lowest level since 2021 after the company slashed its profit guidance for the year, citing weakness in key markets such as China and the UK.Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessFrom Elon Musk to David Sacks, Silicon Valley’s Trump Backers Cheer Vance as VP PickXi Jinping’s Great Econom
- Investing.com
Hugo Boss stock falls sharply after 2024 sales warning
Hugo Boss stock slumped Tuesday after the German fashion house cut its 2024 sales guidance, warning for particular difficulties in China and Britain, particularly. At 06:20 ET (10:20 GMT), Hugo Boss stock fell 8.3% to €37.04, dropping 45% year to date. The German fashion house said Monday that it expects full-year sales of up to €4.35 billion (€1 = $1.0900), a small drop from its previous forecast of up to €4.45 billion.
- Simply Wall St.
Investors in Hugo Boss (ETR:BOSS) have unfortunately lost 45% over the last year
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