
Articles
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1 week ago |
wsj.com | Andrea Figueras
French luxury group Hermes RMS 0.34%increase; green up pointing triangle reported higher revenue for the first quarter, but growth slowed amid an uncertain environment for the industry due to waning demand and the threat of U.S. tariffs. The Birkin bag maker said revenue for the first three months of the year was 4.13 billion euros ($4.71 billion), up 7.2% on year at constant exchange rates.
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1 week ago |
wsj.com | Andrea Figueras
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1 week ago |
tradingview.com | Andrea Figueras
By Andrea FiguerasFrench luxury group Hermes reported higher revenue for the first quarter, but growth slowed amid an uncertain environment for the industry due to waning demand and the threat of U.S. tariffs. The Birkin bag maker said revenue for the first three months of the year was 4.13 billion euros ($4.71 billion), up 7.2% on year at constant exchange rates. The result compares with analysts' forecasts of revenue of 4.14 billion euros, according to a Visible Alpha poll.
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1 week ago |
wsj.com | Andrea Figueras
Luxury fashion firm Moncler MONC 0.66%increase; green up pointing triangle reported first-quarter revenue ahead of views but noted that the macroeconomic picture remains highly unstable given a prolonged slowdown in demand for luxury goods and uncertainty around global trade. The Italian group, known for its high-end puffer jackets, said Wednesday that it made revenue of 829 million euros ($935.3 million) for the three months, 1% higher than in the prior-year period at constant exchange rates.
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1 week ago |
jp.wsj.com | Nina Kienle |Andrea Figueras
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