Comments on: Hugo Boss sales decline led by Europe, US markets https://www.luxurydaily.com/hugo-boss-sales-decline-led-by-europe-us-markets/ The news leader in luxury Wed, 26 Apr 2023 15:22:21 +0000 hourly 1 https://wordpress.org/?v=4.7.3 By: Robin https://www.luxurydaily.com/hugo-boss-sales-decline-led-by-europe-us-markets/comment-page-1/#comment-7451601851685855558 Wed, 02 Nov 2016 20:14:22 +0000 https://www.luxurydaily.com/?p=190211#comment-7451601851685855558 numbers and percents, but where are the actual consumer & customer insights as to WHY China up and rest of world (incl www) down?
which are the main contributors? Footfall, western world not getting out of sweatpants long enough to wear a suit, direct competition, stuffy/lux/mismatched brand image with consumers, direct competitors?

Headwinds & challenge economy is now called LIFE, for 1 and all. So there must be something deeper in product, price, ecosystem, consumer opinion, sizing, etc. THAT is the business. The above article is waste of costs info (unless a direct investor.)

Dropping women out of your customer base changes your business model & of course volumes will plummet. No man shops for a suit 24/7/366. Following suited career industries and employment cycles is a start, but hard to convince sloppy Americans to wear a suit unless a business write off. Experiental= suit tailoring + localized financial advice (incl how to legally write off the cost of the suit & its depreciation & amortized wear value & donation value after wear)

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