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Reuters - 20 dakika önce

Lots of red

LIVE MARKETS-Lots of red STOXX 600 down 0.5% Scor, Hugo Boss warn on results Wall St futures inch lower 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 LOTS OF RED Most major industry sectors and national benchmarks are in the red after the first hour of trading on Tuesday without much positive news to point to.
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Reuters - 2 saat önce

Prada sinks to 5-month low amid weakness in key luxury groups

BUZZ-Prada sinks to 5-month low amid weakness in key luxury groups ** Shares of Italian luxury group Prada 1913.HK drop 5.6% to HK$51, lowest since Feb. 16, tracking weakness in the performance of global luxury firms ** Prada stock on track for biggest one-day pct drop since Nov. 17 if trend holds ** German fashion house Hugo Boss BOSSn.DE on Monda
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Reuters - 2 saat önce

European shares slip as lacklustre miners, luxury retailers in focus

European shares slip as lacklustre miners, luxury retailers in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window July 16 (Reuters) - European shares opened lower on Tuesday, pressured by weakness in metals miners, while dour earnings from luxury retailers Hugo Boss and Richemont weighed on investors' risk appetite.
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Reuters - 2 saat önce

Luxury under pressure

LIVE MARKETS-Luxury under pressure 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 LUXURY UNDER PRESSURE European stocks are set for a weak open, as investors' attempts to settle on 'Trump trades', seems to mean buy the U.S. and sell the rest, while the latest signs of economic difficulties in China aren't helping the luxury names either.
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Reuters - 2 saat önce

Hugo Boss drops after sales guidance cut

BUZZ-Hugo Boss drops after sales guidance cut ** Shares in Hugo Boss BOSSn.DE fall over 7% in early Frankfurt trade after the German fashion house cut its 2024 sales guidance, citing weaker demand especially in China and the UK ** Hugo Boss now expects its sales in a range of between 4.20-4.35 billion euros compared to 4.30 billion to 4.45 billion
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Reuters - 3 saat önce

Weak China demand hurts sales at luxury goods firm Richemont

UPDATE 3-Weak China demand hurts sales at luxury goods firm Richemont adds further details ZURICH, July 16 (Reuters) - Sales at Cartier-owner Richemont CFR.S were a lmost f lat in the three months through June, the luxury group said on Tuesday, with a slump in Chinese demand pushing the overall result slightly below expectations. Richemont shares were dragged down on Monday by broader woes in the sector, and the earnings figures were more robust than some market players had expected.
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Reuters - 10 saat önce

Hugo Boss cuts full-year forecast on sagging China, UK demand

UPDATE 2-Hugo Boss cuts full-year forecast on sagging China, UK demand Expects FY sales at 4.20-4.35 bln euros, EBIT at 350-430 mln euros Q2 EBIT of 70 mln euros misses expectations Shares fall 10%, hitting lowest level since April 2021 Adds analyst comment in paragraph 4 and 7, shares in paragraph 6, context in paragraphs 8-9 By Gursimran Mehar and Linda Pasquini July 15 (Reuters) - German fashion house Hugo Boss BOSSn.DE cuts its sales and earnings forecasts for the year, citing weakening glob
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Reuters - 11 saat önce

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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Reuters - 12 saat önce

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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Reuters - 1 gün önce

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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Reuters - 4 gün önce

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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Reuters - 4 gün önce

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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Reuters - 6 gün önce

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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Reuters - 6 gün önce

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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Reuters - 1 hafta önce

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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Reuters - 2 hafta önce

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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Reuters - 1 ay önce

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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Reuters - 2 ay önce

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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Reuters - 2 ay önce

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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Reuters - 2 ay önce

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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