Hugo Boss has seen shares slide to their lowest in nine years after it warned that profits would be lower than predicted.
The German fashion house blamed "persistent macro-economic uncertainties" and unrest in Hong Kong as it issued its second profit warning in as many months.
Shares on the German Dax index slid by more than 13% after it said it expects operating profits to be between €330 and €340 million for the 2019 full year.
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The company said sales in North America were impacted by a "further deterioration" in the market, weighing on sales and earnings growth.
In the third quarter, sales increased by 1% to €720 million.
A massive hurricane that ripped through the Gulf of Mexico took a big chunk out of BP's production while impacting its tax rate, the oil giant warned on Friday.
Around 100,000 barrels were lost to the storm every day as Hurricane Barry tore through the Gulf in July, forcing BP to shut down its rigs for two weeks.
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It also hit the driller's tax bill by reducing production in a low-tax area, the company said.
BP will now pay around 50% of its earnings in tax during the third quarter, 10 percentage points higher than the quarter before.
US authorities have said that nearly 1.3 million barrels of crude oil production was taken offline as the storm battered the Gulf, forcing companies to briefly abandon 283 oil rigs.
BP said its expected tax rate remains unchanged at 40% over the full year.
Shares dipped by 1.74% to 493.25p on the news.
Asos investors are expected to cheer surging revenue as the online retailer looks to bounce back from a string of profit warnings.
Investors in the retailer have had a reality check over the past 12 months, watching shares in slide by more than 50%.
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The company plunged in value after it warned on profits in December 2018 and July 2019, as it failed to live up to lofty expectations.
However, the company is still expected to post double-figure sales growth in its full-year results announcement on Wednesday October 16 as customers continue to spend online in favour of the high street.
Analysts have forecast that Asos will report a 12% jump in revenues to £2.7 billion for the year to August.
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