Luxury stocks fall as Iran war weighs on earnings; Hermes sinks 14%
Hermes said wholesale activity was "significantly affected" in the first quarter by lower sales to concession stores, particularly in the Middle East and in airports.
Key Points
- Hermes said wholesale activity was "significantly affected" in the first quarter by lower sales to concession stores, particularly in the Middle East and in airports.
- Reported by CNBC.
Full Details
Hermes said wholesale activity was "significantly affected" in the first quarter by lower sales to concession stores, particularly in the Middle East and in airports.
Why It Matters
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