Brief: Hermes CEO: not seeing 'tremendous improvement' regarding business in China
29/07/2026 09:23
BRIEF-Hermes CEO: not seeing 'tremendous improvement' regarding business in China July 29 (Reuters) - Hermes International SCA HRMS.PA:
HERMES CEO: DON'T SEE A TREMENDOUS IMPROVEMENT IN CHINA
HERMES CEO: FRENCH CLIENTS CONTINUE TO VISIT STORES FREQUENTLY BUT OFTEN SPEND A BIT LESS, ESPECIALLY COMPARED TO OTHER EUROPEANS
HERMES CFO: IMPACT TO GROWTH FROM MIDDLE EAST CONFLICT IDENTICAL TO THAT OF FIRST QUARTER OF 1.5 PERCENTAGE POINTS
HERMES CFO: DON'T SEE ANY CHANGE IN TRENDS IN SECOND HALF IN U.S., EUROPE AND JAPAN, BUT QUESTION REMAINS ON FRANCE AND MIDDLE EAST
Further company coverage: HRMS.PA
(Reporting by Dominique Patton;
Editing by Sudip Kar-Gupta)
((sudip.kargupta@thomsonreuters.com;))