Hermès exceeds LVMH for the best spot of luxury after poor sales spark

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Hermès Leapfrogged Lvmh, on Tuesday, in the back of the first quarter of the first quarter that disappointed the owner of Louis Vuitton.

Shared shared in Paris in the rotten morning, for the luxury sector, which has changed several times spots Lvmh 7.5 percent fell by lowering the group to 245.3 billion euros.

Shares in Birkin and Kelly Bags Manufacturer Hermès, a total of 0.4%, $ 247.1 billion euro capitalization.

The luxury industry, such as medium-sized consumers, spent and the Chinese economy, now followed a boom as the factors that combined by Donald Trump’s aggressive Trade War.

The results of the first quarter of Lvmh, which were released on Monday, Key Fashion and Leather Division 5 percent of sales in the division of goods, showed that analysts will increase by 1 percent shortly.

On the contrary, Hermes‘Ultra-wealthy customer base and tightly managed product releases allowed the final slowdowns to better weather conditions.

LVMH’s quarterly sales of LVMH, Tuesday, Prada falls by 4.2 percent and Get dry decreases 1.4 percent. Shares in L’Oréal and Puig also fell after the results of LVMH pointing to a wider slowdown of beauty.

Hermès closes the gap with Hermès Lvmh 15 years later than 15 years after trying to take a secret ration of French Conglomerat.

In the luxury industry, the confusion comes as it started to sweep Trump “Mutual” tariffs Dozens of trading partners, a movement that shook the markets and shocking US consumer confidence.

At the beginning of this month, the US President announced a 20 percent payment for imported goods from the EU. This ratiest, the most valid, was reduced to 10 percent as part of the 90-day intervals.

Tariffs, which are more aggressive than expected, are led by analysts in Bernstein and HSBC last week to shoot an expectations for a luxury recovery in the second half of the year.

Citigroup Analyst Thomas Chauvet, due to the economic uncertainty caused by Trump’s tariffs, the income in LVMH has arrived and improved in the future quarter in the luxury sector.