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Hugo Boss AG (BOSSn.DE)

BOSSn.DE on Xetra

70.40EUR
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Thu, Aug 2 2018

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Lagging margins take shine off Hugo Boss sales rise

FRANKFURT/PARIS Lower than expected margins dragged on Germany's Hugo Boss as it pursues a turnaround with investments in its fashion lines, eclipsing an improved sales performance.

Lagging margins take shine off Hugo Boss sales rise

FRANKFURT/PARIS Lower than expected margins dragged on Germany's Hugo Boss as it pursues a turnaround with investments in its fashion lines, eclipsing an improved sales performance.

UPDATE 3-Lagging margins take shine off Hugo Boss sales rise

* Shares down more than 6 percent (Updates with management comments on margin outlook)

Demand in Europe and Asia boost Hugo Boss sales in second quarter

FRANKFURT/PARIS, Aug 2 German fashion house Hugo Boss posted a 6 percent rise in currency-adjusted sales in the second quarter, lifted by demand in Europe and Asia as rival high-end brands report resilient sustained appetite from Chinese shoppers.

Hugo Boss sales rebound in China and U.S., but Germany sags

BERLIN German fashion house Hugo Boss reported strong quarterly sales growth in China and the United States on Wednesday but saw a decline in its home market and for its Hugo brand that it is updating for younger consumers. | Video

Hugo Boss sales rebound in China and U.S., but Germany sags

BERLIN German fashion house Hugo Boss reported strong quarterly sales growth in China and the United States on Wednesday but saw a decline in its home market and for its Hugo brand that it is updating for younger consumers. | Video

UPDATE 2-Hugo Boss sales rebound in China and U.S., but Germany sags

* Shares flat after initial dip (Adds CEO comments from conference call)

BRIEF-Hugo Boss sees no impact on China sales from trade tension

* HUGO BOSS CEO SAYS DOES NOT SEE SHORT-TERM IMPACT ON CHINESE BUSINESS FROM ESCALATING US-CHINA TRADE TENSIONS

Hugo Boss sales helped by rebound in China and Americas

BERLIN, May 2 German fashion house Hugo Boss reported that first-quarter sales rose by a currency-adjusted 5 percent, powered by strong growth in China and the Americas, while operating profit increased slightly, allowing it to confirm its 2018 outlook.

Investment to dent profit growth for sportier Hugo Boss

METZINGEN, Germany German fashion house Hugo Boss expects heavy investment on integrating its websites and stores to keep a lid on profit growth in 2018 even as a shift to add more casual styles helps sales to accelerate.

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