Hugo Boss shares experienced a significant drop, plunging as much as 10% on Tuesday following a revision in the company’s sales outlook for the full year. The German luxury fashion house adjusted its forecast to a range of up to €4.35 billion ($4.73 billion), down from the previous estimate of up to €4.45 billion. The company attributed this revision to ongoing macroeconomic and geopolitical challenges, particularly in key markets such as China and the UK Sales and profit decline in Q2 as challenges persistThe company reported that its group sales fell by 1% on a preliminary basis in the secon…