Hermes International : Growth to remain strong and, importantly, well balanced
>Q2 growth to remain very strong, the group is cautious going forward but its positioning is a guarantee of relative stability - The description of the major trends by geographic zone points to fairly homogenous growth in Q2, and overall broadly in line with Q1 when it stood at +23% y-o-y cc. There is no slowdown in the US where, after +19% in Q1, we can expect a score visibly in excess of 10% in Q2, and both Europe (Q1 at c.+24%) and Japan (Q1 +26%) are, we think, se...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.