The Zhitong Finance App learned that the latest quarterly sales increase announced by European luxury goods giant Hermes is in line with the market's unanimous expectations. At a time when global demand for luxury goods is sluggish, the stock price and performance fundamentals of the iconic Birkin bag manufacturer Hermes are far superior to those of its peers. However, Asian markets such as China, which are critical to Hermès, failed to achieve further recovery, dragging down its stock price trend.

The Zhitong Finance App learned that the latest quarterly sales increase announced by European luxury goods giant Hermes is in line with the market's unanimous expectations. At a time when global demand for luxury goods is sluggish, the stock price and performance fundamentals of the iconic Birkin bag manufacturer Hermes are far superior to those of its peers. However, Asian markets such as China, which are critical to Hermès, failed to achieve further recovery, dragging down its stock price trend.