Tag: Luxury fashion
Hugo Boss Stock Drops 9% After Cutting 2024 Guidance Due to China Demand Decline
Hugo Boss, the German luxury fashion house, saw its stock drop by 9% after revising its sales guidance for 2024 due to a decline...
Saks Fifth Avenue Parent HBC Acquires Neiman Marcus Group in $2.65 Billion Deal
Saks Fifth Avenue parent company, HBC, has announced its acquisition of Neiman Marcus Group in a $2.65 billion deal. This merger will bring together...
Breaking Financial News
Stellantis CEO Carlos Tavares Resigns Due to U.S. Issues and Sales...
Stellantis CEO Carlos Tavares Resigns Amid U.S. Issues and Sales DeclineIn a shocking turn of events, Carlos Tavares, the chief executive officer of Stellantis...
