Linda Pasquini

1 month ago | gurutrade.com | Linda Pasquini |Milla Nissi |Mark Potter

CEO says hit to demand already visible in current quarter Q1 trending 'somewhat below' full-year sales guidance Shares fall as much as 5% March 13 (Reuters) - Hugo Boss warned on Thursday of a further weakening in consumer confidence in the United States and China, sending its shares down as much as 5%, as the upmarket fashion label forecast 2025 sales broadly in line with last year's level.

1 month ago | streetinsider.com | Linda Pasquini |Isabel Demetz

By Linda Pasquini and Isabel Demetz (Reuters) -Hugo Boss warned on Thursday of a further weakening in consumer confidence in the United States and China, sending its shares down as much as 5%, as the upmarket fashion label forecast 2025 sales broadly in line with last year's level. The company is the latest to warn about slowing consumer demand amid potential damage from U.S. President Donald Trump's trade wars.

1 month ago | msn.com | Linda Pasquini |Alexander Hübner

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1 month ago | businesslive.co.za | Linda Pasquini |Alexander Hübner

Puma on Wednesday announced job cuts and warned of uncertain US consumer demand as the German sportswear group’s shares slumped 23% in the wake of disappointing quarterly and annual forecasts issued a day earlier. The grim outlook, which follows weak quarterly sales and annual profit announced in January, has raised concerns over Puma's ability to compete with bigger rivals Adidas and Nike while fending off newer, fast-growing brands such as On Running and Hoka.

1 month ago | gurutrade.com | Linda Pasquini |Milla Nissi |Joe Bavier

March 12 (Reuters) - Puma's shares sank 22% to their lowest in nine years in early trading on Wednesday, a day after the German sportswear group issued disappointing forecasts for the first quarter and for 2025 amid weak demand in its U.S. and Chinese markets. Weak quarterly sales and annual profit announced in January have raised concerns over Puma's ability to compete with bigger rivals Adidas and Nike while fending off newer, fast-growing brands such as On Running and Hoka.