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

Date:

July 16, 2024

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.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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

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