Hugo Boss goes on sale

The share of the luxury fashion label Hugo Boss was at the fair in Frankfurt again dumped by investors.

The price of Hugo Boss plunged another 10% down to a level of € 50.64 a day earlier after the share has already been punished because of a profit warning.

The fashion brand has among others suffered from disappointing sales in China and expects that earnings will come down 10% this year.

Last year suggested Hugo Boss which is best known for the costumes for men are expectations even downwards because of the sales slump in China.