• 11/10/2024

Hermes Bucks Luxury Slowdown With Higher Sales But Flags Weakness in China

Wall Street Journal

The Birkin handbag maker reported higher sales for the second quarter, with wealthy customers helping it defy a global slowdown in demand that is troubling the luxury sector, but flagged signs of weakness in China.

https://www.wsj.com/articles/hermes-bucks-luxury-slowdown-with-higher-sales-but-flags-weakness-in-china-3aa5de06