Hugo Boss Profit Stumble May Make 2019 Target Harder to Hit
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Business, Arts
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the main challenges faced by the company in the US market?
Increase in physical retail sales
Decline in online sales
10% decline in overall sales
Growth in wholesale business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the company addressing its reliance on outlets in the US?
By reducing the number of outlets
By focusing solely on online sales
By increasing full-price sales
By closing all outlet stores
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the company's performance like in mainland China?
Double-digit growth
Negative growth
Stagnant growth
Decline in sales
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the company's strategies to improve profitability?
Focusing on wholesale business
Integrating menswear and womenswear
Reducing online presence
Expanding retail footprint
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sustainable product did the company launch?
Sustainable cotton collection
Organic wool line
Recycled polyester collection
Biodegradable shoes
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What potential business model is the company considering for the future?
Increasing wholesale partnerships
Focusing on fast fashion
Offering rental services
Expanding physical retail stores
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant milestone for the company in terms of product presentation?
Presenting menswear and womenswear together
Introducing a new logo
Opening a flagship store in New York
Launching a new menswear line
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