Brief: Impact of Middle East conflict will depend on how long it continues, Hermes finance chief says
15/04/2026 08:38
April 15 (Reuters) - Hermes International SCA HRMS.PA: HERMES FINANCE CHIEF: SALES GROWTH IN LEATHER GOODS IS EXPECTED TO ACCELERATE IN COMING MONTHS HERMES FINANCE CHIEF: OF 60 CONCESSION STORES, AROUND 40 ARE TRAVEL RETAIL AND THESE HAVE BEEN HIT BY AIR TRAVEL DISRUPTION HERMES FINANCE CHIEF: SALES TO LOCAL SHOPPERS IN EUROPE STILL GROWING DOUBLE-DIGITS HERMES FINANCE CHIEF: IMPACT OF MIDDLE EAST CONFLICT ON PROFITABILITY NOT SIGNIFICANT AT THIS STAGE HERMES FINANCE CHIEF: IMPACT WILL DEPEND ON HOW LONG CONFLICT CONTINUES, IF IT'S TWO MONTHS TOTAL WE CAN ABSORB THE IMPACT HERMES FINANCE CHIEF: FRANCE IS MOST IMPACTED BECAUSE MORE THAN HALF OUR SALES IN FRANCE ARE TO TOURISTS Source text: [ID:] Further company coverage: HRMS.PA (Reporting by Helen Reid) ((M.Brice@thomsonreuters.com; +1-202-310-5675; +1-202-558-8211;))