Hugo Boss’s shares set up for relaxation on Tuesday after positive quarterly figures of the US fashion group PVH.
At times the papers in the MDAX jumped up to 36.37 euros and recently increased by 2.4 percent to 35.68 euros. The day before, they had fallen to the deepest stand since the beginning of December. Your loss in the current year is now a little more than 20 percent.
As a reason for the recovery on the solid figures and the “encouraging view” by PVH, the parent company of Calvin Klein and Tommy Hilfiger, referred to the market. “Since both brands are completely transferable to the range and the style of Hugo Boss, the investors are also anticipating: Inside, a better sales course with the German clothing company,” said stock expert Andreas Lipkow.
On the New York stock exchange, PVH’s shares recently won 18 percent to $ 76.25.