Hugo Boss CEO Says Uncertainty Will Continue to Weigh on Consumer Demand
CEO Daniel Grieder says economic and geopolitical uncertainty and protests in Europe are adding to luxury-sector challenges. Hugo Boss has reduced its expectations for this year.
Economic and geopolitical uncertainty will continue to drag on consumer demand, Hugo Boss CEO Daniel Grieder says. Protests in Europe have added to broader challenges in the luxury sector, he says in a call. The German premium-fashion company has reduced its expectations for this year. Given the li…