Hugo Boss reported slight gains in its third-quarter earnings, but ongoing challenges in the Chinese market led to a share price drop of over 4%. Year-to-date, shares are down 39%. Revenue grew modestly by 1% year-over-year, with declines in Asia-Pacific sales. Profit margins decreased, but cost management helped exceed analysts' expectations. The company is cautious about meeting its ambitious CLAIM 5 strategy targets due to weak demand in China, while forecasting modest sales growth for 2024. Teljes cikk (Euronews.com)