Hermes International : Demand still robust in Q3, capacity constraints more visible towards the end of the year, no change to our full-year forecasts
>Demand remained very robust for the group’s creations in Q3 - The recent trends described by companies in the sector (very resilient in the US over the quarter particularly the visible sequential improvement in demand in Europe since the summer) have not been contradicted by Hermès and have been even more favourable for the group than at the end of Q2, the group still had scope for a further improvement in the US (growth at 2 years at +35% for the Americas zone) and ...Hermes International is engaged in the manufacture, sale, and distribution of luxury goods primarily in France, rest of Europe, Japan, Asia-Pacific, and Americas. Co.'s activities can be divided into two segments: the distribution via Co.'s exclusive network and the distribution via specialist outlets. The distribution via Co.'s exclusive network comprises silks and textiles, leather goods and saddlery, ready-to-wear and fashion accessories (men and women's clothing, belts, jewellery accessories, gloves, hats and shoes), and other goods (jewellery and products of the art of living department). The distribution via specialist outlets comprise perfumes, tableware and watches.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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