Hugo Boss AG
Zara owner Inditex pops 7% after posting strong sales growth; European markets edge higher
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks were in positive territory on Wednesday as global markets move higher. The pan-European Stoxx 600 was over 0.3% higher at 9:06 a.m. in London (4:06 a.m. ET) with most major sectors and bourses in the green. The […]
Read More
Pandora to Puma: Retailers warn tariffs will push up prices
A Puma sportswear store in central London on May 1, 2025. Bloomberg | Getty Images Household brands including Pandora, Puma and Hugo Boss all said this week that they are evaluating their pricing strategies in the U.S. and beyond in the event that President Donald Trump’s most punitive levies come into effect. Some others, meanwhile, […]
Read More
Cambodia hit with highest Trump tariff, but manufacturing ‘absolutely not’ coming back to U.S., trade group says
A garment factory in Phnom Penh, Cambodia. Bloomberg | Bloomberg | Getty Images Among the top goals for President Donald Trump and his administration in hitting trading partners with steep tariffs is bringing manufacturing capacity back to the U.S., even if it comes at the price of short-term market and economic duress. But in Cambodia, […]
Read More
European markets higher despite global trade uncertainty
Deutsche Bank names autos as ‘growing risk’ for its portfolio Deutsche Bank flagged autos as a “growing risk” for its portfolio that is being “monitored closely given the challenging economic environment in Europe, Electric Vehicles (EV) transition and competition in China,” Germany’s largest lender said in its annual report out Thursday. Europe’s auto sector now […]
Read More
Luxury stocks slip as fears grow of a prolonged downturn
An advertisement for Hugo Boss AG in Shanghai, China, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images LONDON — European luxury stocks tumbled Monday as analysts warned of a deteriorating demand outlook, particularly among high-spending Chinese consumers. Germany’s Hugo Boss was among the worst performers on the Stoxx 600 index by midday, […]
Read More
British luxury icon Burberry dropped from UK’s FTSE 100 stock market index
LONDON, UNITED KINGDOM – 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 stock market index on Wednesday, as waning sales and […]
Read More
Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand
Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao’an International Airport. Alex Tai | SOPA Images | LightRocket | Getty Images) Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales outlook, becoming the latest high-end fashion line to warn of persistent woes in the […]
Read More
Hugo Manager plunges 18% on pessimistic revenue outlook in worst working day given that 2016
Mannequins screen men’s suits inside a Hugo Boss showroom. Bloomberg | Bloomberg | Getty Visuals Shares of Hugo Boss plunged 18%, in advance of paring losses somewhat Thursday, following warning that it might are unsuccessful to meet up with its 2025 income goal amid weakening shopper desire. The German large-close fashion model was on training […]
Read More
After a tricky quarter for the world-wide luxury sector, UBS reveals the 3 shares to buy for 2024
Investors searching ahead to 2024 really should decide on up shares of Hermes , Cartier proprietor Richemont and Hugo Boss in the luxurious merchandise sector, according to UBS. The Swiss investment decision lender has a bullish phone on people a few stocks, although it struck a extra careful tone for the sector. Immediately after mounting […]
Read More
‘One of the most inexpensive stocks’: Financial institution of America just upgraded these 3 luxurious names in Europe
Financial institution of The united states upgraded 3 luxury stocks that are bucking the destructive tendencies afflicting the broader sector in Europe. The MSCI Europe luxury index has fallen 16% from its most the latest high on Apr. 24 as evidence emerges of slowing need in the third quarter. The investment decision bank expects profit […]
Read More