Tag: Luxury fashion

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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...
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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...

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Matt Gaetz Withdraws Nomination for Trump’s Attorney General

US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...