FRANKFURT, Germany — German fashion house Hugo Boss has abandoned its 2015 profit target, joining the ranks of luxury goods companies warning of slowing sales growth in China.
FRANKFURT, Germany — Hugo Boss AG, the German luxury clothing-maker, reported earnings that missed analysts estimates as a difficult market environment in China and a weakening wholesale business offset higher retail sales.
In the wake of Rana Plaza, it’s clear that voluntary self-inspection of garment factories by brands and retailers is not enough to avoid terrible human tragedy. Workplace health and safety standards must be set and enforced by the workers themselves, argues Tansy E Hoskins.
FRANKFURT, Germany — German fashion house Hugo Boss said tight stock management and fewer discounts drove up profits and that shoppers in the United States helped offset a still-challenging market in mainland China.
FRANKFURT, Germany — Hugo Boss AG reported second-quarter earnings that beat estimates, with the gross margin improving, after the German luxury-clothing maker opened more stores.