Hugo Boss: stronger emphasis on margin improvement this year
The FY25 outlook unveiled yesterday shows greater visibility on the margin improvement trajectory, thanks to further sourcing efficiencies and disciplined cost control. However, sales trends remain more volatile, as evidenced by a MSD decline in the first two months of 2025 following a strong Q4. W
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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