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Hugo Boss cuts full year sales guidance over weaker demand in China, UK

UPDATE 1-Hugo Boss cuts full year sales guidance over weaker demand in China, UK Adds details from statement in paragraphs 1-3 and 6, and background in 4, 5, 7 and 8 July 15 (Reuters) - German fashion house Hugo Boss BOSSn.DE on Monday cut its sales guidance for the year to a range of between 4.20 billion euros ($4.58 billion) to 4.35 billion euros over weakening global consumer demand especially in markets like China and the UK.
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Hugo Boss cuts full year sales guidance

Hugo Boss cuts full year sales guidance July 15 (Reuters) - German fashion house Hugo Boss BOSSn.DE on Monday said it cut its sales guidance for the year to a range of between 4.20 billion euros ($4.58 billion) to 4.35 billion euros from a range of 4.30 billion euros to 4.45 billion euros. ($1 = 0.9179 euros) Reporting by Gursimran Kaur in Bengalur
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Hugo Boss AG Now Expects FY Group Sales To Increase By 1% To +4% To 4.2 Bln To 4.35 Bln Euros

BRIEF-Hugo Boss AG Now Expects FY Group Sales To Increase By 1% To +4% To 4.2 Bln To 4.35 Bln Euros July 15 (Reuters) - Hugo Boss AG BOSSn.DE : HUGO BOSS AG: NOW EXPECTS FY GROUP SALES TO INCREASE BY +1% TO +4% IN GROUP CURRENCY TO AN AMOUNT OF AROUND EUR 4.20 BILLION TO EUR 4.35 BILLION HUGO BOSS AG: HUGO BOSS ANNOUNCES PRELIMINARY SECOND QUARTER
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European stocks fall, luxury names slide

LIVE MARKETS-European stocks fall, luxury names slide STOXX 600 down 0.4% Burberry, Swatch results weigh on luxury names China growth slows Wall St futures edge up Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN STOCKS FALL, LUXURY NAMES SLIDE European equity markets are mostly lower on Monday, led by a slide in luxury names after disappointing trading updates from Burbe
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Don't bank on earnings to boost luxury names

LIVE MARKETS-Don't bank on earnings to boost luxury names STOXX 600 +0.3%, 1-mth high SMI at more than 2-year peak Energy stocks lead Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DON'T BANK ON EARNINGS TO BOOST LUXURY NAMES Europe's luxury sector .STXLUXP has struggled to find a constructive catalyst in recent months and analysts at JPMorgan think the up
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JPM sees European luxury sector staying soft in Q2

BUZZ-JPM sees European luxury sector staying soft in Q2 ** J.P.Morgan expects Q2/H1 results to confirm relatively soft trends for the European luxury sector, broadly in line with Q1 ** Broker sees muted growth, margins under pressure for most players except for Italian luxury puffer jacket maker Moncler MONC.MI thanks to its different timings of ma
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Frasers Group PLC Increases Investment In Hugo Boss

BRIEF-Frasers Group PLC Increases Investment In Hugo Boss July 10 (Reuters) - Frasers Group PLC FRAS.L : FRASERS GROUP PLC - HUGO BOSS INVESTMENT FRASERS GROUP PLC - INCREASES INVESTMENT IN HUGO BOSS FRASERS GROUP PLC - HOLDS 13.81% OF HUGO BOSS VIA SALE OF PUT OPTIONS FRASERS: HOLDS 7.99% OF HUGO BOSS IN SHARES OF COMMON STOCK FRASERS: CO'S MAXIMU
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Morgan Stanley cuts Hugo Boss to 'equal-weight' on subdued demand backdrop

BUZZ-Morgan Stanley cuts Hugo Boss to 'equal-weight' on subdued demand backdrop ** Morgan Stanley cuts German fashion house Hugo Boss BOSSn.DE to "equal-weight" from "overweight", citing demand backdrop to remain subdued ** MS does not expect Hugo Boss to be immune as it expects the difficult demand backdrop to weigh on the company's B&M retail sal
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Alfa Laval, Ferrari NV, Swedbank

EUROPE RESEARCH ROUNDUP-Alfa Laval, Ferrari NV, Swedbank July 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alfa Laval, Ferrari NV and Swedbank, on Tuesday. HIGHLIGHTS * Alfa Laval ALFA.ST : JP Morgan raises target price to SEK 390 from SEK 385 * Ferrari NV RACE.MI : HSBC raises target price to EUR 385 from EUR 368 * Harworth Group Plc HWG.L : Peel Hunt raises target price to 195p from 165p * Moonpig Group MOONM.L : HSBC raises
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Bunzl, Relx, Rolls-Royce

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p
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Banco Bpm, Firstgroup, Xps Pensions

EUROPE RESEARCH ROUNDUP-Banco Bpm, Firstgroup, Xps Pensions June 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco Bpm, Firstgroup and Xps Pensions Group, on Tuesday. HIGHLIGHTS * Banco Bpm BAMI.MI : Morgan Stanley cuts to equal weight from overweight * Firstgroup Plc FGP.L : RBC raises target price to 200p from 195p * JCDecaux SE JCDX.PA : Deutsche Bank cuts to hold from buy * Next Plc NXT.L : HSBC raises target price to 9,
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Frasers Says Increased Investment In Hugo Boss To About Eur 360M

BRIEF-Frasers Says Increased Investment In Hugo Boss To About Eur 360M May 31 (Reuters) - Frasers Group PLC FRAS.L : FRASERS GROUP PLC - HUGO BOSS INVESTMENT FRASERS: RECENTLY INCREASED ITS INVESTMENT IN HUGO BOSS FRASERS - HAS RECENTLY INCREASED ITS INVESTMENT IN HUGO BOSS FRASERS: MAXIMUM AGGREGATE EXPOSURE IN CONNECTION WITH ITS NET ACQUIRED INT
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Hugo Boss and David Beckham partner up for design collection

Hugo Boss and David Beckham partner up for design collection May 16 (Reuters) - Hugo Boss BOSSn.DE has struck up a multi-year design partnership with Former Manchester United midfielder David Beckham, the German fashion house said on Thursday, as it seeks to boost demand for its Boss brand. The collaboration includes collections designed and curated by David Beckham for both formal and casual menswear, the company said, with the first collection to launch in spring/summer 2025. The German fashio
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Tequila highlights 'data lake' value for duty-free retailer Avolta

Tequila highlights 'data lake' value for duty-free retailer Avolta By Paolo Laudani and Ozan Ergenay May 16 (Reuters) - With hundreds of millions of passengers streaming through its more than 5,100 outlets worldwide, Switzerland's Avolta AVOL.S is quietly amassing a vast "data lake" which it is increasingly using to fine-tune and expand its retail business.
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Puma shares surge on upbeat CEO comments

BUZZ-Puma shares surge on upbeat CEO comments Updates share move, adds traders comments ** Puma PUMG.DE shares rose nearly 12%, extending earlier gains, with traders pointing to upbeat comments by the CEO on March and April trading, order book and level of confidence by the management in reaching 2024 targets ** They highlight market was worried about more cautious comments from Puma, pointing to a short squeeze ** The level of confidence in reaching FY targets has increased because the verbal c
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Puma upbeat on growing demand, shares jump

UPDATE 5-Puma upbeat on growing demand, shares jump Sales meet expectations as Americas return to growth Order book 'building quarter over quarter' Puma increasing production of Palermo shoes Puma wins first big marathon podium spot in decades Shares jump nearly 12% Adds comments from investor call, traders in paragraphs 1-6, updates share move By Linda Pasquini and Helen Reid May 8 (Reuters) - A return to growth in the Americas helped Puma PUMG.DE meet first-quarter sales forecasts and its orde
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Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call

Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call LONDON, May 3 (Reuters) - British retail tycoon Mike Ashley's Frasers Group FRAS.L has withdrawn its London lawsuit against Morgan Stanley MS.N over a nearly $1 billion margin call, a spokesperson for the Wall Street bank said on Friday. Frasers had sued Morgan Stanley for about 47 million euros ($50.5 million) after the bank imposed the margin call – security to cover possible losses – on the retailer's trading position in Ge
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Ceres Power Holdings, Spirent Communications, Workspace

EUROPE RESEARCH ROUNDUP-Ceres Power Holdings, Spirent Communications, Workspace May 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ceres Power Holdings, Spirent Communications and Workspace, on Friday. HIGHLIGHTS * 3I Group Plc III.L : Barclays raises target price to 3050p from 2815p * Ceres Power Holdings Plc CWR.L : Peel Hunt cuts target price to 500p from 550p * Iomart Group Plc IOMG.L : Deutsche Bank initiates coverage with
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Hugo Boss CFO: You Should Not Expect Any M&A Activity In 2024 - Investor Call

BRIEF-Hugo Boss CFO: You Should Not Expect Any M&A Activity In 2024 - Investor Call May 2 (Reuters) - HUGO BOSS AG BOSSn.DE : HUGO BOSS: YOU SHOULD NOT EXPECT ANY M&A ACTIVITY IN 2024 - INVESTOR CALL Further company coverage: [BOSSn.DE] (Gdansk Newsroom)
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European shares ease after Fed decision, mixed earnings

UPDATE 2-European shares ease after Fed decision, mixed earnings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. ING jumps on new share buyback, strong Q1 Novo Nordisk slides as obesity drug concerns weigh Hugo Boss shares fall on weaker China demand, US uncertainty EZ factory activity took turn for the worse in April- PMI STOXX down 0.2% Updated at 1600 GMT By Ankika Biswas and Johann M Cherian May 2 (Reuters) - European shares fell sl
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