Hugo Boss expects better Q4 despite weak China
Berlin
GERMAN fashion house Hugo Boss expects strength in Europe to help sales and earnings to a fourth-quarter recovery, it said on Tuesday, though it sees no immediate prospect of a pick-up in China and the United States.
The company said that its prediction for a better fourth quarter - the most important retail period because of the Christmas and New Year holidays - is on the assumption that sales at its own stores would remain stable or increase, based on the trend it had observed in October.
TRENDING NOW
Xi Jinping has just rewritten the rules of US-China rivalry
High Court raps UOB over inconsistent legal positions on late mortgage payment charges
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
China’s Huawei reveals chip design breakthrough amid US sanctions