Hugo Boss profit undershoots in Q2 as China and UK both disappoint

Hugo Boss disappointed on Thursday with the German upscale fashion giant reporting Q2 operating profit below market expectations. That followed it cutting its full-year sales and earnings forecasts last month due to consumer demand remaining sluggish. Boss Analysts on average had expected it to make €81.9 million in Q2 earnings before interest and tax (EBIT) [...]read moreHugo Boss profit undershoots in Q2 as China and UK both disappoint