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 previous day the German company was already a hard slider.

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.