Hermes (RMS FP) Finance Chief says sales to local shoppers in Europe is still growing double-digits
Hermes' finance chief highlighting strong double-digit sales growth among local shoppers in Europe suggests robust domestic demand, which is a positive sign for the luxury sector.
Tesla (TSLA) CEO Musk congratulates Tesla AI team on taping out AI5; AI6, Dojo3 & other exciting chips in work; will be one of the most produced AI chips ever
Iran is to use alternative ports to those in southern Iran to bypass the US blockade in the Strait, Mehr News reports
Hermes (RMS FP) Finance Chief says sales to local shoppers in Europe is still growing double-digits
Toyota (7203 JT) files to sell EUR-denominated 4yr notes, guidance seen MS +80-85bps
Hermes (RMS FP) CEO says momentum in the US is strong, APAC is growing slightly Y/Y and expects growth for leather goods to pick up in the coming months; Growth objectives remain unchanged
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This resilience could signal a broader trend of consumer spending recovery post-pandemic and may attract investor interest in luxury goods equities. The sustained growth in a key market like Europe reinforces the brand's strength and could influence future earnings forecasts.
Related headlines
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%14 hours ago
- Additional European Equity News - 9th September 202615 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results15 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202615 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal12 hours ago
- Newsqawk European Market Wrap - 9th September 20267 hours ago
- Volkswagen (VOW3 GY) files to sell USD-denominated debt; 5-parter8 hours ago
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles14 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war18 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL3 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election3 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer3 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business6 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 7 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports9 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent12 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates18 hours ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim1 hour ago
The whole workspace, free to try.
Try it free