Hermes ’very slight’ China improvement in third quarter fails to excite
NegativeFinancial Markets

Hermes reported only a very slight improvement in its sales in China during the third quarter, which has left investors and analysts underwhelmed. This modest growth raises concerns about the luxury brand's ability to rebound in one of its key markets, especially as consumer spending remains cautious. The news is significant as it reflects broader trends in the luxury sector and highlights the challenges brands face in maintaining momentum in a fluctuating economic landscape.
— Curated by the World Pulse Now AI Editorial System