HUGO BOSS HAS FAILED TO CAP IT'S DECLINING SALES
Hugo Boss has failed to cap it's declining sales in the wake of a "continuously challenging market environment". The European market has proven tough for the menswear retailer as it reported a total revenue drop of 3% in it's third quarter. With negative currency effects taken into account, the group's sales fell by 6% to £635 million.
This Hugo Boss article is an economical pestle because they have failed to cap it's declining market sales which means they have fallen in sales and they are stuggling to make more sales.