Hugo Boss Warns Profit May Miss Forecasts on Coronavirus

The video discusses the impact of the coronavirus on the fashion retail industry, focusing on demand and supply challenges in China and Europe. It highlights the significant drop in visitors and the slow normalization process. The company has contingency plans to manage supply chain disruptions and has redirected inventories to more stable markets like North America. The potential for short-term inflation due to supply issues is considered, but no long-term effects are expected. The company remains vigilant in monitoring the situation and adjusting strategies accordingly.

What is the current status of the supply side of the business?

How has the business redirected inventories to cope with market changes?

What are the expected effects of the coronavirus on inflation in the fashion industry?