Hugo Boss Cuts Annual Outlook
German fashion group Hugo Boss lowered its annual sales and profit forecasts for 2026. The company cited persistent weak consumer demand and higher IT depreciation expenses for the downgrade.
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HUGO BOSS AG cut its 2026 sales and profit forecasts on Monday afternoon, citing sluggish consumer demand in Germany and broad markets. The luxury fashion group now expects annual sales to decline in the high single-digit percentage range.
