FRANKFURT (dpa-AFX Broker) - Quarterly figures from Hugo Boss inspired investors to buy on Tuesday. On Tradegate, shares of the fashion house gained 3.6 percent to 37.12 euros in pre-market trading.
Slightly better than market expectations was the initial reaction from analysts at the Canadian bank RBC. They highlighted the strong performance of the gross margin, noting that the Metzingen-based company has operating expenses under control.
Particularly encouraging, however, were the return to growth in the Asia-Pacific region and the retail business, which performed better than anticipated./ajx/mis/zb
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