European Firms Suffer Chinese Hangover - Presented by: The Aol. On Network

They are a favourite of many in China but Hugo Boss is feeling the country's pain. The German fashion house won't meet its profit target of 750 million euros in 2015 and it's partly due to the slowdown in China. It does hope to meet a 3 billion euros sales target that year. But its shares dived as much as six percent on the warning. And it wasn't the only major European firm suffering the same problem.



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