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...