UPDATE 2-Hermes beats sales expectations, sees positive signs in China
UPDATE 2-Hermes beats sales expectations, sees positive signs in China is drawing significant interest across the industry.
Sales in the Americas region, mainly the United States, rose by 12.1%, beating expectations of around 9%, while sales in Asia excluding Japan - a region ?mainly driven by China - grew 8%. POSITIVE SIGNS IN CHINA In a call with analysts, Dumas said he was seeing positive signs ?in China, a major luxury market that has slowed significantly in the past few years due to the impact of a property crash on the country's economy. "I do not ?see ?the situation deteriorating," he said.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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