Hermès Sales Hit by War

Revenues rose by 6 percent, falling short of analyst forecasts and triggering a sharp drop in the company's stock price.

Hermès noted that fewer international tourists are visiting shopping hotspots like Paris and London, a direct consequence of flight disruptions and regional instability.

Other luxury giants, including Kering, also saw their shares slump as the sector's recovery path remains uncertain.

The results highlight the vulnerability of the global luxury market to geopolitical shocks and the resulting decline in consumer sentiment.