The New York Entrepreneur

Hugo Boss shares sink as company becomes latest fashion seller to cut guidance

Read Time:15 Second

Hugo Boss shares fell sharply on Tuesday after the suit seller followed rivals Burberry and Swatch Group in cutting its guidance over concerns that a slump in the global economy is set to hit sales in key markets including the U.K. and China throughout the remainder of 2024.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post New Balance partners with the WNBA as the brand looks to grow in women’s sports
Next post Match’s stock surges after activist investor Starboard urges exploring a sale