Hugo Boss cuts outlook again, citing weak U.S., Hong Kong business
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FRANKFURT (Reuters) - German fashion house Hugo Boss cut its 2019 earnings forecast again, citing weak demand in the United States and Hong Kong, and reported third quarter results that were below its expectations."In North America, the market environment further deteriorated during the third quarter, ... Besides lower local demand, also sales generated with tourists decreased over there," it said late on Thursday."Business in Hong Kong has been substantially negatively affected since the..