{"id":194352,"date":"2026-04-16T07:00:51","date_gmt":"2026-04-16T05:00:51","guid":{"rendered":"https:\/\/luxus-plus.com\/?p=194352"},"modified":"2026-04-16T10:58:38","modified_gmt":"2026-04-16T08:58:38","slug":"hermes-slows-down-in-the-first-quarter","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/hermes-slows-down-in-the-first-quarter\/","title":{"rendered":"Herm\u00e8s Slows Down in the First Quarter "},"content":{"rendered":"

The luxury goods house\u2019s sales, impacted by unfavorable currency effects and the onset of the conflict in the Middle East, dipped slightly on a current-rate basis. On the day the results were released, Herm\u00e8s\u2019s stock price plummeted dramatically.<\/h4>\n

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After another highly enviable year in 2025 for the luxury sector, Herm\u00e8s<\/b> is showing less dazzling performance in the first quarter of 2026.<\/b><\/p>\n

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The luxury goods house has certainly just announced consolidated revenue still up 6% at constant exchange rates<\/b> (after +9% last year) to \u20ac4.1 billion in the first quarter of 2026. But impacted by the significant adverse effect of currency exchange rates, amounting to \u20ac290 million, it also suffered a slight 1% decline at current exchange rates<\/b>.<\/p>\n

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A tense geopolitical context<\/h2>\n

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\u201cIn a tense geopolitical context, Herm\u00e8s remains on course, faithful to its long-term strategy,\u201d emphasizes Axel Dumas, CEO of Herm\u00e8s.<\/b> \u201cBolstered by its creative vitality, its uncompromising quality, and the loyalty of its customers, Herm\u00e8s continues its profitable growth in 2026 with conviction and confidence. The fundamentals of the Herm\u00e8s model are, more than ever, a key differentiator.\u201d<\/p>\n

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