German luxury fashion group Hugo Boss reported 2Q revenue of 1.01 billion euros ($1.1 billion), 1% below market expectations, and a 42% drop in operating profit to 70 million euros ($76 million). Sales in the Americas increased by 5%, while the EMEA and Asia-Pacific markets saw declines of 2% and 4%, respectively. The Chinese market struggled. The company reported a 3% revenue increase for the first half of the year. Last month, Hugo Boss revised its full-year sales and profit forecasts downward due to ongoing weak consumer demand.