Hugo Boss: all eyes on margin improvement potential for 2024
Admittedly, yesterday's huge negative market reaction (-9.7%) was harsh compared to the Q4 EBIT miss (6%) but the latter might raise question marks over Hugo Boss' margin trajectory for FY24 in the event of a more harmful impact from promotional activity. Pending the FY23 results release on 7th Mar
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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