Hermes to increase US prices after Trump’s tariffs

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Hermès, Donald Trump will change the load of the upgrades to buyers for the buyer of luxury goods.

The General Financial Officer Eric Du Halgouët, Birkin and Kelly Bags, Increased Prices in the United States, ARIC du Halgouët and Kelly Bags, in the United States, compensated the new 10 percent effect in the United States, “he said.

He added Hermes In order to cope with the change in US trade policy, “along the division of work” will continue, although the group is still calculating the exact level of prices.

Its comments come as a luxury industry Braces for falling Trump’s commercial war, for high-level goods, shook a recovery hopes for the United States this year.

Hermes are expected to be used as one of the strongest names in the luxury industry to obey trade conflicts, to bet on the Ultra rich customer base, which requires a high demand for many richer customer base and its bags.

“When we look into a highly indefinite future.

Trump’s so-called interaction tariffs The United States has been announced this month on trade partners, and in the second half of the year in the second half of the year to increase the expectations for an increase in a luxury sector.

The softest growth in China, Hermes weighs in the first quarter, leaving the growth of income, leaving the rest of the industry after the decline after the decline, left the rest of the industry.

The group listed in Paris, now welcomes with lvmh In order to become the largest company in the luxury sector, the annual income increase in the first quarter, 7.1 billion euros, 8.8 percent analysts were expected.

The result, 18 percent growth, the group in the previous quarter, went on sale in China. Hermès continued to slow down rivals last year.

According to the company, sales in Asia outside Japan have dropped a 1 percent “especially high comparison” and in China in the last year. Shares fell 3 percent on Thursday morning.

The luxury industry, after a boom in the Covid-19 pandemia, the Chinese economy spends and the Chinese economy, now the factors that Trump is complicated by the aggressive trade war.

“Weighing Hard Comps in China – as long as the year progresses (although) category mixture confirms a slower consumer demand environment,” analyst in Bernstein.

Hermès sales in every region, 11 percent of America, progressed with “strong momentum” in March. Europe, France and Japan began in a quarter of double figures.

The division of the group’s main leather goods increased by 10 percent. Signature and sales of fashion, jewelry and groups, compared to the previous year, grown up a proportion.

However, perfume and beauty, a more expensive segment, which is more exposed to the prosperous buyers for the lower price point, and the hours fell by 10 percent.