Hermès sales hit by war

The Birkin bag maker stated that the conflict has clouded the luxury sector's rebound, with significant sales declines recorded in the Middle East and Europe.

Fewer tourists are visiting shopping hotspots like London and Paris, impacting the demand for expensive handbags and designer clothes.

While the company remains resilient, the slowdown highlights the vulnerability of high-end brands to geopolitical instability.

Investors are now closely watching the sector's recovery path as the war continues to weigh on consumer sentiment.