Birkin bag maker Hermes hit as war deters shoppers from shopping hotspots Dubai and Paris
French luxury group Hermes reported weaker than expected first-quarter sales on Wednesday as the Iran war hit spending in the Middle East as well as in Europe, with fewer tourists visiting Paris or London and buying designer items.
- Hermes shares sink as Iran war hits Middle East sales, tourism The Straits Times —
- Birkin bag maker Hermes hit as war deters shoppers from Dubai to Paris The Straits Times —
- Hermès reports lower than expected sales amid Middle East conflict worries Financial Times —
- Hermes Sales Growth Slows Amid Uncertain Recovery Path for Luxury Sector Wall Street Journal —
- Hermes reports hit to first-quarter sales from Iran war RTE —