Hugo Boss shares fall after US sales decline

Hugo Boss shares fell the most in five months as weakness in the US kept the German clothier’s sales revival in check.

Hugo Boss shares fall after US sales decline
Thu, 04 May, 2017 - 01:00

US sales declined 7%, the company said, after it stopped selling goods to outlet stores that carry different brands at discounts.

The shares fell as much as 6.4% in Frankfurt, the steepest intraday decline since last November.

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