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Luxury Fashion Brands in Further Decline, Burberry and Hugo Boss Hit Hard
Burberry

Luxury Fashion Brands in Further Decline, Burberry and Hugo Boss Hit Hard

Burberry, Hugo Boss, Swatch Group, and Richemont recently reported disappointing second-quarter earnings, signaling challenges for luxury brands in Asia. Burberry shares plummeted over 16%, while Hugo Boss shares dropped nearly 7.5%.
22 Jul 2024 2 min read
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