German fashion house Hugo Boss said it expected the impact of the coronavirus pandemic to be worse in the second quarter after it reported that ...
BERLIN: Hugo Boss is seeing signs of a sales rebound in China and online, but expects the impact of the coronavirus crisis to worsen before any recovery kicks in after first quarter sales fell by 17per cent, which knocked its shares.
Langer said on Tuesday that those who do venture into Hugo Boss shops are very willing to spend at the German fashion house, which is best known for its smart men's suits. Hugo Boss, whose shares were down 4.9per cent at 0817 GMT while the German midcap MDAX index was 2.2per cent higher on Tuesday, said it is targeting extra cost savings of at least 150 million euros this year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hugo Boss expects virus hit to worsen before recoveryGerman fashion house Hugo Boss said it expected the impact of the coronavirus pandemic to be worse in the second quarter after it reported that ...
Read more »
Football: Spurs keeper Hugo Lloris wants Premier League title settled on the pitchPARIS (AFP) - Hugo Lloris believes that ending the English Premier League season without declaring Liverpool champions would be 'cruel', but the Tottenham captain wants the final table decided on the field.. Read more at straitstimes.com.
Read more »
E-sports: Australia integrity boss eyes corruption threat in online gamesMELBOURNE (REUTERS) - Australia's newly appointed sports integrity boss has said he will work with the nation's e-sports industry in the fight against betting-related corruption after police revealed they had charged five men for match-fixing in online gaming.. Read more at straitstimes.com.
Read more »
Australia integrity boss eyes corruption threat in online gamesMELBOURNE: Australia's newly appointed sports integrity boss has said he will work with the nation's esports industry in the fight against ...
Read more »
Coronavirus: Liverpool should be awarded Premier League title, says former Reds boss Gerard Houllier(REUTERS) - Former Liverpool manager Gerard Houllier believes his old club should be awarded the Premier League title even if the season is not completed because of the Covid-19 crisis.. Read more at straitstimes.com.
Read more »
Motor racing: McLaren boss expects to 'hit a glitch' in F1 season plansLONDON (REUTERS) - Formula One can be expected to 'hit a glitch' as the sport tries to complete a 2020 season stalled by the Covid-19 pandemic but 14-15 races looks feasible, McLaren boss Zak Brown said on Monday (May 4).. Read more at straitstimes.com.
Read more »